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News
29 June 2016

Brexit: EIB will fund UK infrastructure projects - for now

The European Investment Bank (EIB) will lend money to infrastructure projects in Britain until a decision is finalised on the UK's shareholding in the bank...

News
29 June 2016

Rosneft and Pietro Barbaro seal shipping joint venture

Russian oil company Rosneft and Italian shipping group Pietro Barbaro have agreed to establish a joint venture for global sea freight.

News
29 June 2016

Russia's Phosagro raises $250m PXF

Russian fertiliser producer Phosagro has raised its debut $250 million pre-export financing (PXF) with a syndicate of international banks. The funds will be used to...

News
29 June 2016

Brexit could provide fillip to India-UK trade ties

Britain is likely to seek direct bilateral trade deals with India after the UK voted to leave the European Union, the Development Bank of Singapore said. The move...

News
29 June 2016

LMEshield: key questions on warehouse financing structures

Global law firm Reed Smith examines some of the key questions about the potential impact of the LMEshield initiative on base metals warehouse financing structures.

News
29 June 2016

KfW IPEX finances stage 2 of Australian wind farm

Germany's KfW IPEX-Bank and France's Societe Generale have agreed a syndicated loan of AUD173.5 million to support stage two of the expansion of the Australian...

News
29 June 2016

Ignominious anniversary for stymied US Ex-Im

It is a full year since the Export-Import Bank of the United States (US Ex-Im) has been able to approve deals over $10 million - and there is little sign that...

News
29 June 2016

SMBC and ADB back Colombo port expansion

Japan's Sumitomo Mitsui Banking Corporation (SMBC) and the Asian Development Bank (ADB) are advising Sri Lanka's government on a $500 million port expansion in...

News
29 June 2016

ADB's TFP signs deals with Samoan banks

The Asian Development Bank's (ADB) Trade Finance Programme (TFP) entered the Pacific markets for the first time by signing guarantee and loan deals with two Samoan...

News
29 June 2016

73 banks join SWIFT's global payments initiative

A total of 73 banks across the world have joined SWIFT's global payments innovation initiative, designed to improve the cross-border payment experience.

Perspective
28 June 2016

Cargill and Bunge go against the tide on sustainable palm oil

Cargill and Bunge stood out as the only traders not to cut ties with Malaysian palm oil producer IOI after its sustainability certificate was suspended, throwing up...

Perspective
28 June 2016

Lenders not 'nervous' as Gunvor taps $400m borrowing base

Despite the downturn in commodities markets, one of the world's biggest oil traders - Gunvor - is currently enjoying its 'best trading years'. The company closed a $400...

News
28 June 2016

Alba in talks with ECAs and banks over $750m loan

Aluminium Bahrain (Alba) is in talks with export credit agencies (ECAs) and banks over a $750 million loan to fund its ongoing Line 6 expansion to boost its production...

News
28 June 2016

The final countdown to London School of ECA Finance!

There is only one week left for you to join TXF's School of ECA Finance in London on July 5, 6 and 7.   The course is an essential guide to the...

News
28 June 2016

IIC finances solar energy and SMEs in Chile

The Inter-American Investment Corporation (IIC) has agreed to finance more than $40 million for solar energy projects and small and medium-sized enterprises (SMEs) in...

News
28 June 2016

KfW to fund Indian floating solar projects

German development bank KfW is to fund two floating solar projects on water bodies in India to showcase the potential of the energy source. At least 40 MW of floating...

News
28 June 2016

Oil sands production to grow almost 1m barrels per day

Canadian oil sands production has been predicted to grow by nearly one million barrels per day by 2025, by IHS.

News
28 June 2016

BRICS nations want new ratings agency

The BRICS nations - Brazil, Russia, India, China and South Africa - are looking to set up a new credit-rating company in an effort to break the dominance of Standard...

News
28 June 2016

EBRD boosts Turkey's glass recycling capacity

The European Bank for Reconstruction and Development (EBRD) is acquiring a minority stake in Turkish glass producer Sisecam Cevre Sistemleri. It is extending a...

News
28 June 2016

India needs $1.5trn to close infrastructure gap

More than $1.5 trillion in investment is needed by India over the next 10 years to bridge the infrastructure gap, the country's finance minister told a seminar...