Commerzbank in first Germany-China BPO
Commerzbank has completed its first Bank Payment Obligation (BPO) transaction between Germany and China. The deal covered the export of chemicals from China to...
Commerzbank has completed its first Bank Payment Obligation (BPO) transaction between Germany and China. The deal covered the export of chemicals from China to...
The Development Bank of Turkey is to be completely restructured to provide long-term funds for investments. The move includes raising its capital to $330 million.
The Export-Import Bank of China (China Exim) has agreed a $600 million loan deal with Laos for the Nam Ngum 4 hydropower project in Xieng Khuang Province, Laos.
The Singapore branch of the Industrial Commercial Bank of China (ICBC) will extend up to S$10.2 billion in funding to companies for infrastructure projects across...
The Asset Based Finance Association has raised concerns about a drop in the number of Irish businesses using factoring to secure funds compared to the UK.
The Agricultural Development Bank of China has unveiled plans to boost the modernisation of the country's agriculture industry with $450 billion in loans by...
The European Bank for Reconstruction and Development (EBRD) has completed a €350 million first round of fundraising for its debut Equity Participation Fund with...
The Bank for International Settlements says the risks of a Chinese banking crisis are mounting, with the gauge of stress in the sector now more than three times higher...
The Bank of Tokyo-Mitsubishi UFJ (BTMU) and IBM are joining forces to use blockchain technologies for contract management among business partners via the Hyperledger...
Insurer Coface says the economy in Poland is slowing this year - although the growth rate will remain fair at 3.2% following 3.6% in 2015. Insolvencies and...
The latest McKinsey Global Institute report on Africa's diverse economies shows growth in the 11 economies responsible for 60% of the continent's GDP has...
At the end of last month, Finnvera and NIB signed a $225 million facility that will be onlent to a eucalyptus pulp mill project in Brazil. The deal represents the first...
US and EU sanctions against Russia came into effect in 2014 and two years later their effect has led to an economic slowdown, and limited financing opportunities. The...
After years of discussion and initiatives BPO has struggled to gain real traction in the market due to its slow uptake by corporates and relative complexity. Commerzbank...
Ivana Duarte has been appointed the European Bank for Reconstruction and Development's (EBRD) head of the Resident Office in Baku, Azerbaijan.
Fluent, a US-based fintech group, has announced that Dan Juliano - co-founder of PrimeRevenue; and the Trade Advisory founder Anthony Brown have joined its board of...
The African Export-Import Bank (Afreximbank) has sealed its debut China/Taiwan specific syndicated loan with a $300 million facility guaranteed by the Export-Import...
Risks in the German textile industry remain high, with stagnating sales, low margins, and strong competitive pressure making life hard for companies, according to...
Canadian oil and gas group Questfire Energy has announced its credit facility amendment, including a restructuring of its $44.5 million borrowing base and a revised...
Brazilian metals and mining group Vale has reportedly borrowed $1 billion from a global assembly of banks, guaranteeing it with iron-ore shipments to Glencore.