The International Finance Corporation (IFC) is set to increase its exposure in Myanmar by injecting $200 million, in the form of debt financing, into the Myanmar...

Malta-based trade finance bank FIMBank has hired Michael Davakis as senior vice president and head of treasury. He has previously work for, among others, Germany's...

Fred Hochberg, chairman and president of the Export-Import Bank of the United States (US Ex-Im) speaks to TXF about the reality of running a bank that has been held...

AIG Indonesia has unveiled a new trade credit insurance amid a government pledge to increase exports in 2016. The insurance covers losses from natural disasters and...

French export credit agency Coface and the Central Bank of Iran have agreed on settling debt issues blocked while Iran was under international sanctions. The deal...

Rwanda is setting up an export credit and insurance facility in order to increase trade around the world by 28% annually. The government has worked with the...

Singapore-based commodity giant Olam International has promoted executive director Shekhar Anantharaman to the new position of executive director and group chief...

Deutsche Bank has implemented an electronic enterprise resource planning (ERP) integration solution for Bosch's foreign currency and renminbi cross-border payments...

Thomas Cooper, the international law firm, has reported on the Prudential Regulation Authority's (PRA) recognition that the implementation of Article 55 of the...

Nigeria’s Federal Government through the Central Bank of Nigeria (CBN) said last week that it has designed two export financing programmes known as RRF and ESF...

Californian firm Skuchain has received funding from several venture capital firms (VS) as it seeks to develop a digital letter of credit using blockchain...

Goldman Sachs’s analysts have downgraded manufacturer Caterpillar from "Neutral" to their “Sell” rating with a $51 price target, indicating...

Two South African miners Anglo American and Lonmin are set to cut a total of 9,000 jobs between the two firms. Around 4,000 roles are to go in Anglo’s iron...

After nearly 70 years as France's ECA Coface is set to transfer the handling of state export credit guarantees to French public investment bank, Bpifrance. The move will...

2016 is set to be a year of change. Trade sanctions on Iran have been suspended; those on Russia, on the contrary, have been extended for another six months. Compliance...

Telefonica has tapped the export finance market for an innovative, catch-all facility to finance the mass procurement plans of its global subsidiaries. The Spanish...

Ex-Liberal Democrat Treasury minister Danny Alexander is set to land a top role at the new China-led Asian Infrastructure Investment Bank (AIIB) - although not...

The World Bank has reduced its price forecast for 80% of the world's major commodities. Oil prices fell by 47% last year and are expected to decline, on an annual...

Kenya's $680 million credit facility with the International Monetary Fund (IMF) has been extended to March. The country secured the 12-month loan in February last...

The International Finance Corporation (IFC) is providing a trade finance facility to the National Bank of Kuwait (NBK) - Egypt to support its trade operations. It aims...