Kexim downsizes lending target to $57.34bn
The Export-Import Bank of Korea (Kexim) has set this year's lending target at $57.34 billion - downsizing its financing plan for the second consecutive year. Kexim...
The Export-Import Bank of Korea (Kexim) has set this year's lending target at $57.34 billion - downsizing its financing plan for the second consecutive year. Kexim...
The African Development Bank (AfDB) has agreed a $20 million soft commodity finance facility with Meridian to provide pre- and post-shipment finance in Malawi, Mozambique...
The Development Bank of Japan (DBJ) has been asked to provide financial help to Toshiba as the group expects losses of $6.17 billion from its US nuclear business. Without...
Insurer QBE has boosted its trade credit business in the UK by hiring Dimitri Griek as commercial underwriter, Louis Hemsley as credit analyst, Ally Connolly as assistant...
Economic global growth will rise moderately to 2.7% this year, according to the World Bank. Obstacles which had blocked activity in emerging market and developing economy...
New US president Donald Trump has given little indication about what he intends to do with the Export-Import Bank of the United States (US Ex-Im), leaving those invested...
The Peru government raised DFI loans last month from both KfW and AFD – the latest tranches of debt to back the state contribution to the $5.8 billion Lima Metro Line 2...
Commodities trader Trafigura has launched the refinancing of part of its flagship 2015 European RCF with a group of international banks. The pricing on offer is said to...
Fred Hochberg was described as "one of the most distinguished business leaders in our nation's history" as he resigned from his role as president of the...
Indonesia is to allow exports of excess nickel ore and bauxite by miners that are building processing plants in the country, easing a ban on unprocessed ore shipments...
The European Bank for Reconstruction and Development (EBRD) invested €1.9 billion in Turkey last year. Turkish projects represented 20% of the EBRD's total...
South Korea has agreed a $100 million deal with the Central American Bank for Economic Integration (Cabei) to help finance infrastructure projects in the region. The deal...
Korea Trade Insurance Corporation (K-sure) has collected €97 million with regard to the Mapna power plant project in Iran. K-sure said the collection...
XL Catlin has hired Mark McConico as senior vice president and will lead its global risk management insurance underwriting operations in the north-east US, while Lizette...
Global GDP growth should reach +2.8% during 2017, according to trade credit insurer Euler Hermes. But this figure remains below +3% for the seventh consecutive year.
The European Bank for Reconstruction and Development (EBRD) invested more than €1.3 billion in 41 projects in the southern and eastern Mediterranean region last...
Delcredere Ducroire, the Belgian export credit agency, has officially launched under its new 'one name, one team, one mission' title of Credendo. All the...
Fintech group Misys has launched Misys FusionBanking CrowdLending to allow banks to claim almost $500 billion funding to small and medium-sized enterprises, large...
A key project for Ghana and a direct lending first for UKEF – Vitol’s OCTP is rumoured to be tightly priced and partially financed under a fixed rate CIRR.
America's Citigroup, which has operations in more than 160 countries, may retool its trade finance business if president-elect Donald Trump stiffens tariffs on...