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News
22 December 2016

Sanjeev Gupta completes purchase of Wyelands Bank UK

British industrialist Sanjeev Gupta has completed the acquisition of Wyelands Bank from Tungsten Corporation. The bank will specialise in supply chain and trade financing...

News
22 December 2016

Thailand Exim reveals its global trends for 2017

The Export-Import Bank of Thailand (Thailand Exim) has reported its global trends to watch out for next year, including protectionism, the rise of fintech, and...

News
22 December 2016

GuarantCo reveals senior management changes

London-based infrastructure financing group GuarantCo has appointed Lasitha Perera, Douglas Bennet and Dale Petrie as chief executive officer, chief operating officer and...

Perspective
21 December 2016

Asian trade worries drives up CPRI demand

There has been a rising demand in the Credit and Political Risk Insurance (CPRI) market as Asia reacts to rising debts and weakening currencies. The effect on the Asian...

Perspective
21 December 2016

ICC Trade Register 2016 promotes low risk of trade finance, but investors should still take care

The ICC Trade Register for 2016 finds that trade finance continues to have a favourable risk profile. However, some within the trade finance community question whether...

News
21 December 2016

Mongolia pegs $1bn from India for oil refinery, pipelines

Mongolia will look to the Export-Import Bank of India (India Exim) for approval to build an oil refinery and pipelines with $1 billion in infrastructure funding...

News
21 December 2016

Belgium's ECA-backed wind farm Norther reaches financial close

Belgium's biggest offshore wind farm, Norther - supported by Danish export credit agency EKF - has reached financial close and is ready to be built. It will supply...

News
21 December 2016

Banks get fresh guidance on money laundering and terrorism

The Basel Committee on Banking Supervision has issued proposals to give banks clearer guidance on how to best manage risks related to money laundering and the financing...

News
21 December 2016

Coface: No sign of solid recovery for South Africa

South Africa's growth performance has been in constant decline since peaking in 2011 - and is challenged by crises in agriculture and mining amid fears of an...

News
21 December 2016

Basware unveils its predictions for 2017

Finnish purchase-to-pay solution provider Basware has made its predictions for 2017, including interest in blockchain growing in the financial supply chain, and AI and...

News
21 December 2016

Solunion appoints president and vice president

Solunion, the credit insurance joint venture of Euler Hermes and Spain's MAPFRE, has appointed Michele Pignotti as president and Ignacio Baeza as vice president.

News
21 December 2016

Natixis signs on to CargoDocs

France's Natixis has signed on to CargoDocs for Trade Finance in order to support its corporate customers' use of ePresentation under eUCP Letters of Credit and...

News
21 December 2016

CBC helps US SMEs deal with Chinese New Year factory closures

Supply chain finance group Capital Business Credit (CBC) is expanding its Supplier Early Payment programme to help small and medium US businesses deal with the closure of...

Transmission
20 December 2016

S&W Breakfast Briefing: Catching up with trade's issues

In the latest edition of law firm Sullivan & Worcester's Trade Finance Breakfast Seminars, partner Geoffrey Wynne provides a round-up of the current issues facing the...

Perspective
20 December 2016

Commodity finance 2016: agri traders suffer, bankers prosper

As we approach the end of a year that has made the headlines for a variety of reasons, many surprising, shocking and unexpected events have also played out in the...

News
20 December 2016

Riding the blockchain wave in trade finance

Kitt Carswell, CGI vice president and senior offering manager for trade and supply chain solutions, has shared his insights on blockchain in trade finance. He explores...

News
20 December 2016

Petrobras and CDB agree $5bn oil supply deal

Petrobras, Brazil's state-run oil group, has signed a $5 billion, ten-year financing agreement with the China Development Bank (CDB). Under the deal, Petrobras will...

News
20 December 2016

ITFC agrees to support Suriname's imports

The International Islamic Trade Finance Corporation (ITFC) has agreed to support Suriname's economic development through financing imports. The $30 million agreement...

News
20 December 2016

White & Case advises on Bahrain LNG project financing

Global law firm White & Case advised on the financial close of the $990 million project financing of the Bahrain liquefied natural gas (LNG) import terminal. The $655...

News
20 December 2016

5 supply chain & trade finance wishes for 2017

It's that time of the year when people look forward to the coming 12 months. Here are five trade and supply chain finance wishes for 2017 - including a plea for some...