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News
05 July 2016

ADB and NDB agree milestone MoU

The Asian Development Bank and New Development Bank have penned a memorandum of understanding (MoU) to work together on sustainable development projects in renewable...

News
05 July 2016

Thierry Croiset joins Coface as group risk director

Insurer Coface has hired Thierry Croiset as group risk director. He joins from GE Capital and will report directly to chief finance and risk officer Carine Pichon.

Perspective
04 July 2016

The good, the bad, and who knows what or where next!

The past month of June has been a busy time for TXF, with two of our landmark conferences – TXF Rome and TXF London – blazing their way into the market and both proving...

Perspective
04 July 2016

YellowWood Adventures becomes a TXF travel partner

TXF has joined forces with YellowWood Adventures to afford TXF subscribers discounted rates for adventure travel tours through Ethiopia’s iconic mountain ranges.

News
04 July 2016

Iran has second thoughts on landmark Airbus deal

Iran insists it is under no obligation to buy the Airbus A380 superjumbo jets it preliminarily agreed to earlier this year. Tehran said it had "freedom to...

News
04 July 2016

World Bank to fund huge criticised gas pipeline

The World Bank is set to finance the Azerbaijan and Turkey section of the Southern Gas Corridor to Europe. It has been dubbed the "biggest infrastructure project...

News
04 July 2016

Petrobras' Indian partners fight delay in Brazil project

Brazil's state-run oil group Petrobras has told its Indian partners in a huge project in Sergipe to not expect oil from the site until 2022. Partner IBV has...

News
04 July 2016

Coface: World corporate risk reaches peak levels

Insurer Coface has issued a gloomy forecast for 2016 as the global corporate risk reaches peak level, with three leading markets becoming fragile and an increasing...

News
04 July 2016

US Ex-Im funding loophole to Iran to be closed

US lawmakers are working to stop the Export-Import Bank of the United States (US Ex-Im) from providing taxpayer-backed financing directly or indirectly to Iran.

News
04 July 2016

Kexim and KDB bosses agree to return bonuses

Leading executives at the Export-Import Bank of Korea (Kexim) and Korea Development Bank (KDB) will return bonuses ahead of state recapitalisation. The banks are badly...

News
04 July 2016

Oman: 68% of exporters have no credit insurance

About 68% of Oman's exporters are working without credit insurance, putting them at risk of defaults. The Export Credit Guarantee Agency of Oman said it was mainly...

News
04 July 2016

JPMorgan boosts trade finance presence in India

JPMorgan Chase & Co is set to open three more branches in India - as most foreign banks are scaling back their operations in the country. The branches will provide...

News
04 July 2016

EBRD supports Albanian electricity group modernisation

The European Bank for Reconstruction and Development (EBRD) has agreed a €218 million loan to Albanian electricity generator Korporata Elektroenergjitike...

News
04 July 2016

Euler Hermes: More businesses will fail in 2016

Increased turbulence in sectors such as commodities and weak long-term growth will cause more businesses to fail globally this year, trade credit insurer Euler Hermes...

Perspective
01 July 2016

STX: Investing in the future of cruise ships

On the sidelines of TXF's Export & Agency Finance conference in Rome, Max Thompson caught up with STX France's head of financing and treasury, Jean-Philippe Neau, to find...

News
01 July 2016

$8.6bn fund is agreed for exposed Kexim and KDB

The Bank of Korea has agreed to an $8.7 billion loan to a government-initiated fund to recapitalise the Export-Import Bank of Korea (Kexim) and Korea Development Bank...

News
01 July 2016

EBRD supports expansion of solar energy in Cyprus

The European Bank for Reconstruction and Development (EBRD) is providing €10 million in debt financing for the construction, development and operation of five...

News
01 July 2016

Norway's GIEK backs deals with Italy's Saipem

GIEK, Norway's export credit agency, has agreed a credit facility for up to €667 million with Italian drilling company Saipem to buy Norwegian offshore...

News
01 July 2016

New Act on EKF future-proofs Danish export credits

EKF, the Danish export credit agency, is becoming an independent public company in a move which "future proofs" the group so it can help the country's...

News
01 July 2016

Panama Canal expansion opens to boost trade

Work on the $5.5 billion expansion of the Panama Canal, partly financed by the International Finance Corporation (IFC) and four other development banks and seen as key...