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News
11 November 2016

ATI sees demand for cover rise ahead of Kenya elections

The African Trade Insurance Agency (ATI) has seen a rise in demand ahead of next year's elections in Kenya, East Africa's biggest economy. Chief executive...

News
11 November 2016

Edward Dougherty joins Herbert Smith Freehills as New York partner

Edward Dougherty has joined law firm Herbert Smith Freehills' New York office as a partner, focusing on trade finance, project finance and syndicated lending in...

News
11 November 2016

SACE boosts internationalisation of Turin's Osai

Italian export credit agency SACE and two banks have agreed an €800,000 line of credit to Turin-based Osai Automation System to help the company grow in North...

News
11 November 2016

Norton Rose Fulbright to open office in Monaco

Global law firm Norton Rose Fulbright is set to open an office in Monaco. It will be headed by Dimitri Sofianopoulos and primarily service the firm's shipping and...

News
11 November 2016

Petrobras reports surprise massive losses

Petrobras, Brazil's state-run oil group, has reported losses of $4.8 billion for the third quarter of its financial year. Analysts had been expecting the company,...

News
11 November 2016

JBIC in talks over financing Gazprom's Sakhalin-2 expansion

The Japan Bank for International Cooperation (JBIC) is in talks with Russian oil giant Gazprom over a possible deal to finance the expansion of the Sakhalin-2...

News
11 November 2016

EGAS LNG tender draws global attention

Egyptian Natural Gas Holding's (EGAS) buy tender for 2017/2018 could attract the attention of the likes of Glencore, Trafigura, Vitol and Gunvor, who are...

News
11 November 2016

India Exim agrees loan to Guyana for new ferry

The Export-Import Bank of India (India Exim) has agreed an $18 million loan to Guyana, which will use the money to buy a new, safer coastal ferry for a...

News
11 November 2016

JBIC signs trade MoU with Asian Exim Banks Forum

The Japan Bank for International Cooperation (JBIC) has signed a memorandum of understanding (MoU) with ten members of the Asian Exim Banks Forum, including the...

News
11 November 2016

HSBC, Reliance Industries seal India's first digital export deal

HSBC and Reliance Industries have completed a landmark transfer in India. The transaction replaced a physical letter of credit with electronic documents through a...

Perspective
10 November 2016
in
Infrastructure, Renewables, Transport, Waste and water

The post-Crisis transformation of ECAs

Export credit agencies (ECAs) played a key role in stabilising and preventing a complete drying up of the trade finance market following the financial crisis of 2007. Max...

Perspective
10 November 2016

The era of regulation – part two

There is little doubt about the stabilising function of Export Credit Agency-backed export finance for exports during crisis times as the post-2008 renaissance...

News
10 November 2016

RDIF, Mubadala line up Russian food production investments

The Russian Direct Investment Fund (RDIF), Mubadala Development Company (Mubadala) and other investment funds have confirmed plans for their interest in two potential...

News
10 November 2016

BayernLB and StanChart team up for Asia trade finance

BayernLB and Standard Chartered Bank have entered into a strategic cooperation in trade finance in Asia, creating new opportunities for German corporates to execute...

News
10 November 2016

KDB, Kexim to extend conditional help to Daewoo shipbuilder

South Korea's two main policy lenders, Korea Development Bank and the Export-Import Bank of Korea, today announced plans to provide Daewoo Shipbuilding &...

News
10 November 2016

Nordea fully automates Swift MT798 messaging for trade finance

Nordea has announced capabilities to handle the SWIFT MT798 messaging in a fully automated manner. MT798 is SWIFT initiative that facilitates Corporate to Bank (C2B)...

News
10 November 2016

What is the Future of Trade Finance?

The global shortage of available trade financing poses a huge risk to economic development and international trade; however, new technologies are disrupting old-school...

News
10 November 2016

Trump's election casts doubt on US Ex-Im and international aviation trade

Donald Trump’s stunning, upset victory Tuesday over Hillary Clinton for the presidency of the United States sent shockwaves around the world and hiked...

News
09 November 2016

VEB and CDB partner for project co-financing in Russia

The parties have identified the following priority investment areas: energy and energy efficiency; transport, industrial and energy infrastructure; and cross-border...

News
09 November 2016

European banks face trade finance worries in wake of Trump victory

European banks already tormented by low interest rates and economic uncertainty face new anxieties from US President-elect Donald Trump’s surprise victory,...