International Finance Corporation (IFC) has committed up to $200 million to the IFC Financial Institutions Growth Fund (FIG Fund). The FIG Fund’s mandate is to make...

ANZ has made a number of senior appointments in its renminbi (RMB) banking and trading teams, to support growing volumes of RMB denominated cross-border financing for...

Saudi Arabian oil company Saudi Aramco has signed a $10 billion standby revolving credit facility (RCF) agreement with a club of 27 banks. The RCF replaces the existing...

Exclusive: Video interview with Fred Hochberg, Chairman, US Ex-Im Bank

ING Bank has closed another Coface-guaranteed financing for Korean Air Lines (Korean Air). The transaction was structured by ING Capital in New York as the sole...

Commodity trading company Louis Dreyfus Commodities has appointed Vijay Anand Ramanujam as its new regional head of trade finance for Asia. He is based in Singapore.

Saudi Arabian-based investment company, the Arab Petroleum Investments Corporation (APICORP), has successfully secured new financing through a shariah-compliant...

Russian mining and metals company Mechel has appointed Ekaterina Istratova as its new head of corporate finance. As such, Istratova returns to the company where she...

Canadian export credit agency (ECA) Export Development Canada (EDC) has provided the Spanish satellite communications operator, Hispasat Group (Hispasat), with a €140...

ABN AMRO has strengthened the sector focus of its energy, commodities & transportation (ECT) clients business with the appointment of Albena Vassileva. She has the title...

Nippon Export and Investment Insurance (NEXI) is providing credit guarantees to an overall approximate €45.4 million ($49.4 million) transaction financing Caterpillar...

UK export credit agency UK Export Finance (UKEF) has been fined £500,000 by the Chief Secretary to the Treasury, Danny Alexander.

FIMBank group has recently announced its financial results for 2014, in which it posts a pre-tax loss of $53.43 million. This compares to a pre-tax loss of $6.4 million...

The Belgian public credit insurer Delcredere/Ducroire has announced that it will intensify its programme of support for small and medium-sized enterprises (SMEs). As...

Mizuho Bank has hired Moses Singo as the senior director of global trade finance in its Johannesburg office.

Italian export credit agency (ECA) SACE has appointed Bernardo Attolico to head up its new debt capital markets division, aimed at developing services dedicated to...

The value of the yuan against the US dollar is not making the headlines it should at the moment. Between the 17th and 20th March it appreciated by nearly 1%.

TXF Interviews Andrew Jameson, general manager, investment banking division for EMEA at Mitsubishi UFJ Financial Group

The Canadian export credit agency (ECA), Export Development Canada (EDC), has signed a memorandum of understanding (MoU) with the Canadian arm of the Industrial and...

Democrat senator Joe Manchin and Republican counterpart Mark Kirk have published the ‘Export-Import Bank Reform and Reauthorisation Act of 2015’ – a bipartisan bill...