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News
11 April 2017

Non-bank financial institutions: Market perspectives

Working capital solutions provider Demica examines the developing financial landscape where non-bank financial institutions are using technology platforms to automate...

News
11 April 2017

EKF backs Windar Photonics order for China

EKF, the Danish export credit agency, is backing an order for 25 units from wind sensor manufacturer Windar Photonics from a regional distributor in China.

News
11 April 2017

Petrobras likely to be creditor in revison of large contract

Brazilian oil giant Petrobras is likely to be a credtor when the country's industry regulator submits the calculations to base the revision of a large contract, which...

News
11 April 2017

SocGen and Bpifrance partner to bring expertise to Dubai & Riyadh

Societe Generale Middle East and French public investment bank Bpifrance are partnering with Business France to bring companies to the Gulf Cooperation Council to help...

News
11 April 2017

China Minsheng Bank to adopt Bolero platform for importers

Bolero, the specialist in digitising trade finance transactions, is partnering with China Minsheng Bank. The groups aim to cut transaction times through Bolero's...

News
11 April 2017

BNDES to limit dividends for Brazilian government

Shareholders of Brazil's BNDES have approved a statute guaranteeing the state development bank will keep at least 40% of its earnings - capping dividends to the...

News
11 April 2017

US Ex-Im launches Alliance Program

The Export-Import Bank of the United States (US Ex-Im) has launched its Alliance Program, which will affiliate key stakeholders more closely with the bank. Eligible...

News
11 April 2017

EBRD appoints Irina Kravchenko new head of Mongolia

The European Bank for Reconstruction and Development (EBRD) has appointed Irina Kravchenko as the new head of its operations in Mongolia. She will be based in the capital...

News
11 April 2017

Yuhuang Chemical signs $800m loan for US methanol project

Three Chinese banks have reached financial close on a $800 million project loan to finance the $1.5 billion Yuhuang Chemical (YCI) methanol manufacturing complex in...

News
10 April 2017

Opportunity of the day: Integrated oil and gas facility with capacity of 20,000 BPD - Oman

Samson AG has been awarded a contract to supply 260 control valves for the $900 million integrated oil and sour gas facility being developed in Oman by Petrofac via its...

News
10 April 2017

US Ex-Im may lose Cobre Panama role

In what could could become a major emabarrassment for the US government given the close proximity of the project, US Ex-im could lose its place in the lender line-up...

News
10 April 2017

KNPC adds another $1bn to Clean Fuels debt

Kuwait National Petroleum Co (KNPC) has signed documentation for a $1 billion loan to add to the multiple debt-raisings for its Clean Fuels project – an expansion...

News
10 April 2017

Trump mulls trade order that could lead to import duties

US President Donald Trump is reportedly mulling an executive order to launch a trade investigation that could lead to supplemental duties in certain product categories....

News
10 April 2017

JICA loan for North East Road Network Connectivity Phase I

JICA will provide a Yen 67.1 billion 30-yeart loan for the Northern Indian road improvements project of the NH-54 and NH-51 in Mizoram and Meghalaya. The development...

News
10 April 2017

Record number of corporates hit by payment fraud last year

Nearly three-quarters of corporate treasury and finance professionals say their companies were victims of payments fraud last year, with business email compromise and...

News
10 April 2017

VAT comes to the Gulf: are you prepared?

Corporates that trade with Gulf states need to prepare for the introduction of VAT in Saudi Arabia, Bahrain, Qatar, Oman, Kuwait and the UAE from January 1, 2018. The...

News
10 April 2017

Naqoda unveils “new, fast and flexible” core banking system

German fintech vendor Naqoda has launched its cloud-enabled Naqoda Core Banking Platform, which it says is ready for new European regulations such as Open Banking and...

News
10 April 2017

VEB awards core banking system contract to Diasoft

Russia's Bank for Development and Foreign Economic Affairs (VEB) has picked the home-grown Diasoft FA core banking platform. It replaces the development bank's...

News
10 April 2017

US corporates should prepare for stronger Canadian dollar

US companies with cash-flow exposure to the Canadian dollar should use high-speed data and analytics systems to manage that at a time when an improving Canadian economy...

News
10 April 2017

David Marks to lead Wells Fargo Capital Finance

David Marks has been named head of Wells Fargo Capital Finance, the US bank's asset-based lending unit. He will oversee Capital Finance's core business groups,...