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News
25 May 2016

Bonanza Creek Energy $88m overdrawn

US-based Bonanza Creek Energy has seen its borrowing base facility cut from $475 million to $200 million, with outstanding borrowings of $288 million - leaving the...

News
25 May 2016

Tungsten's supply chain financing volume triples

Global e-invoicing firm Tungsten has seen supply chain financing volume triple in just one year. It financed invoices for 79 suppliers totalling over £100...

News
25 May 2016

World trade back to square one

The volume of trade in goods fell by 0.5% in March, according to The Netherlands Bureau of Policy Analysis. The recovery in the second half of 2015 brought world trade...

Perspective
24 May 2016

Jokowi shows he means business in Indonesian Power

The size of the target – 15, 35 or 43 gigawatts (GW) – is open to dispute, but there is less argument about whether the Indonesian government is serious about its plans...

News
24 May 2016

Last call for Export Finance Best in Class votes

It's the last chance to vote for the TXF Export Finance Awards: Best in Class 2016, with the deadline expiring at midnight tonight (Wednesday 25...

News
24 May 2016

Bibby restructures Scottish team

SME funder Bibby Financial Services has appointed Mary Sharp as commercial director for the north of the UK, and Joanna Cashmore as head of sales for Scotland.

Perspective
24 May 2016

Commodity financiers find positives in turbulent market

In the week following the roaring success of TXF’s Commodity Finance Conference in Amsterdam, we look at the results of our delegate survey.

News
24 May 2016

TXF Trade, FinTech & Treasury 2016

How is FinTech transforming trade finance? Kitt Carswell, vice president and senior offering manager, trade and supply chain solutions at global IT group CGI, gives...

News
24 May 2016

EBRD supports international trade in Egypt

The European Bank for Reconstruction and Development (EBRD) is backing international trade in Egypt by providing a $50 million facility to Commercial International...

News
24 May 2016

Terry Novetsky joins King & Spalding as partner

Terry Novetsky has joined US Law firm King & Spalding's global finance practice in its New York office as a partner.

News
24 May 2016

Thessa Menssen is new member of FMO Supervisory Board

Dutch development bank FMO has appointed Thessa Menssen, chief financial officer and member of the Executive Board of Royal BAM Group, as a new member of its...

News
24 May 2016

Blockchain hackathon offers $25,000 in prizes

A 24-hour blockchain hackathon, with $25,000 in prize money, has been launched. Competing teams have to build blockchain applications that optimise financial services...

News
24 May 2016

CAF and KFW agree geothermal projects financing

The Development Bank of Latin America (CAF) and KFW, the German development bank, have sealed a €350 million agreement to promote sustainable development in Latin...

Perspective
24 May 2016

Photos from TXF Amsterdam 2016

TXF held its annual Natural Resources and Commodities Finance Conference in Amsterdam last week. Here are some photos from the conference and the Commodities Finance...

News
24 May 2016

SACE inaugurates office in Dubai

SACE, the Italian export credit agency, has launched a week of events to inaugurate its office in Dubai. The office currently manages a €4.7 billion portfolio of...

News
24 May 2016

Brazilian biomass firm seeks loan from IFC

The International Finance Corporation (IFC) has been asked by Brazilian ethanol and biomass power producer Cerradinho Bioenergia for a $42 million loan. The facility...

Perspective
23 May 2016
in
Infrastructure, Oil & gas, Transport

OW Bunker ruling: a boon for commodity trade finance

In an example of the legal difficulties thrown up by large-scale insolvencies in the trade and shipping sector, the OW Bunker case has yielded a difficult but necessary...

News
23 May 2016

UniCredit opens country office in Spain

Italy's UniCredit has announced the launch of its country office in Spain. It will focus on around 60 clients: large corporates, financial institutions and private...

News
23 May 2016

India Exim agrees line of credit for Iran's Chabahar port

The Export Import Bank of India (India Exim) has signed a memorandum of understanding with Iran's Ports and Maritime Organisation for a $150 million line of credit...

News
23 May 2016

Iran and Indonesia set to boost trade ties

Ties between Iran and Indonesia are set to be strengthened, particularly in the energy sector, after talks between Iran's economy minister and the vice-president...