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Perspective
11 February 2016

20 years in the making: factoring’s long-awaited union

At the beginning of the 2016, Factors Chain International (FCI) and International Factors Group (IFG) merged to form the world’s largest factoring network. The...

News
11 February 2016

Kongsberg selects GTC's multi-bank trade finance platform and SWIFT

US software developer GlobalTrade Corporation (GTC) has announced that Kongsberg Gruppen - a Norwegian tech firm that develops advanced systems and technologies...

News
11 February 2016

India Ex-Im to raise $300 million through panda bonds

The Export-Import Bank of India (India Ex-Im) plans to raise $300 million from Chinese financial markets through panda bonds to finance demand for credit. The bank is...

News
11 February 2016

Waitrose boss Mark Price is new Foreign Office trade minister

Mark Price, the outgoing boss of Waitrose, will become Britain's new Foreign Office trade minister. His role will see him oversee UK Export Finance, Britain's...

News
11 February 2016

US expresses fears over Indian smart cities project

India's ambitious plan to build 100 smart cities faces the challenges of local content requirements on goods and services, and financing, according to the US. A...

News
11 February 2016

MFC Industrial buys trade finance bank Bawag

MFC Industrial, a Canadian global trade finance and supply chain company, has bought Bawag Malta Bank in a €90.8 million deal. The bank, bought from Bawag PSK of...

News
11 February 2016

SACE backs textile group amid global expansion

SACE, the Italian export credit agency, has provided an €8 million guarantee to the country's Maglital, a textile manufacturer. Maglital is planning a...

News
11 February 2016

Afreximbank and NEXIM to help Nigeria's cocoa sector

The African Export-Import Bank (Afreximbank) and the Nigerian Export-Import Bank (NEXIM) are joining forces to help revive Nigeria's cocoa sector via an...

News
11 February 2016

DS-Concept helps Pakistan sports company's exports

DS-Concept, a global commercial finance company, has provided a $1 million export accounts receivable facility to a sporting goods and accessories manufacturer in...

News
11 February 2016

Manufacturers battling supply chain disruption

A study of manufacturing executives by GT Nexus, a cloud-based global commerce platform, found 40% had faced supply chain disruption in the past year. But only 24%...

Perspective
10 February 2016

Agency lenders – both sides now

This two-part series examines the positive and negative aspects of working with agency lenders or agencies. ‘Agency lender’ is a name given to a group of...

News
10 February 2016

Australian nickel miners face pressure to slow production

Nickel miners in Australia - including Glencore and BHP Billiton - are under increasing pressure to slow production, with investors eyeing key announcements in coming...

News
10 February 2016

UK goods trade gap hits record high

The UK's goods trade gap with the rest of the world widened by £1.9 billion to a record high of £125 billion in 2015, official figures show. But the...

News
10 February 2016

World Bank Group names new executive director

Choi Hee-nam has been appointed executive director of the World Bank Group. He replaces Eun Sung-soo, who resigned the position to be the chief executive officer of...

News
10 February 2016

Cost of setting up Ghana Ex-Im bank is revealed

A total of GH¢48.9 million ($12.5 million) is required to set up and run the proposed Ghana Export-Import Bank (Ghana Ex-Im) in the first 12 months of its...

News
10 February 2016

Glencore close to refinancing $8.45bn loan

Swiss-based commodity trader Glencore is expected to soon wrap up senior syndication of a one-year revolving credit that refinances existing debt. Glencore is...

News
10 February 2016

ITFC agrees to open Dubai branch

The International Islamic Trade Finance Corporation (ITFC) has signed an agreement to open a branch in Dubai. The branch will become a gateway for facilitating and...

News
10 February 2016

The cost of capital for EU renewable energy investments

Researchers have estimated the costs of capital for onshore wind energy projects across the 28 EU member states. The weighted cost of capital significantly varies,...

Perspective
09 February 2016

Reliance’s new ‘shopping line’ deal takes petchem spree to $17bn

Reliance Industries’ latest €950 million ($1.04 billion) export credit agency (ECA)-backed deal is expected to push its capital expenditure spree in refinery and...

News
09 February 2016

EDC signs aircraft agreement with China's ICBC

Export Development Canada (EDC) has signed an agreement at the Singapore International Air Show with ICBC Financial Leasing regarding aircraft manufactured by...