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News
22 December 2016

EXIAR and NEXI support Russian subsidiaries of Japanese groups

The Russian Agency for Export Credit and Investment Insurance (EXIAR) and Japan's Nippon Export and Investment Insurance (NEXI) have signed a Framework Agreement to...

News
22 December 2016

Euler Hermes study on economic impact of Italy's "No" vote

Italy's "No" in the constitutional referendum will cost the Italians around 0.3 percentage points in terms of GDP growth, according to insurer Euler Hermes....

News
22 December 2016

Ukreximbank and the EIB seal SME financing deal

The European Investment Bank (EIB) and Ukreximbank have sealed a €260 million finance contract to support Ukrainian small and medium-sized enterprises (SMEs) in...

News
22 December 2016

RSP Permian has borrowing base increased

Texas-based oil and gas group RSP Permian has seen its senior secured revolving credit facility increased to $950 million. The lenders' maximum commitments rose to...

News
22 December 2016

UK trade confidence bounces back from post-Brexit slump

UK confidence in cross-border trade has recovered following an immediate post-EU referendum slump, according to HSBC's Trade Confidence Survey. But overall confidence...

News
22 December 2016

EBRD provides stand-by credit to Deposit Insurance Fund of Kosovo

The European Bank for Reconstruction and Development (EBRD) is extending a €24 million stand-by credit line to the Deposit Insurance Fund of Kosovo - an independent...

News
22 December 2016

Ukrainian export credit agency is approved

The establishment of an export-import bank in Ukraine has been approved by country's MPs. The production of high-tech goods and processed goods will be among the...

News
22 December 2016

MIGA's political risk insurance for agri-cooperative

The Multilateral Investment Guarantee Agency (MIGA) has issued guarantees in support of Swedish agricultural cooperative Lantmannen's injection of equity and loans in its...

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...