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News
24 February 2016

JBIC and SMBC help seal loan to UAE pipe group

A consortium of lenders, including the Japan Bank for International Cooperation (JBIC) and Sumitomo Mitsui Banking Corporation (SMBC), have sealed a $185 million loan...

News
24 February 2016

EBRD arranges financing to build hospital in Turkey

The European Bank for Reconstruction and Development (EBRD) has agreed to co-finance the development of a €318 million hospital in Konya, Central Anatolia,...

News
24 February 2016

Sweden's SEK takes on Progress DataDirect suite

Financial solutions provider Swedish Export Credit Corporation (SEK) has chosen the Progress DataDirect suite of data connectivity tools. The suite allows real-time...

News
24 February 2016

ADB to help Sri Lanka expand Colombo port operations

The Asian Development Bank (ADB) has signed an agreement with the Sri Lanka Ports Authority to develop the East Container Terminal of Colombo Port through...

News
23 February 2016

ING expanding in commodities lending as others retreat

Netherlands-headquartered ING Group is looking to grow in commodity trade finance amid a retreat by other European banks, which are put off by tougher regulatory...

News
23 February 2016

ITFC boosts exports of Senegal groundnuts

The International Islamic Trade Finance Corporation (ITFC) is supporting the groundnut sector of Senegal after penning a $75 million murabaha financing deal with the...

Perspective
23 February 2016

Agency Lenders – Both Sides Now

The second part of this two-part series now examines the negative aspects of working with agency lenders or agencies. ‘Agency lender’ is a name given to a group of...

News
23 February 2016

Trickle of US oil exports is already shifting global power

US crude oil is sailing the seas again after a 40-year export ban was lifted. The financial and political implications for Saudi Arabia and Russia are enormous.

News
23 February 2016

UAE-India trade ties strengthened by MoU

The Confederation of Indian Industry has signed a memorandum of understanding (MoU) with Dubai Exports to increase trade and explore other business opportunities. It...

News
23 February 2016

Kexim funds trade-boosting IT park in Pakistan

The Export-Import Bank of Korea is providing $50 million for the construction of an IT park in Pakistan in a bid to improve trade ties between the two countries. The...

News
23 February 2016

S&W on UKEF's anti-bribery and corruption declarations

Law firm Sullivan & Worcester (S&W) has contributed to the British government's consultation on UK Export Finance's (UKEF) anti-bribery and corruption...

News
23 February 2016

Afreximbank provides export diversification financing facilities

The African Export-Import Bank (Afreximbank) is providing export diversification financing facilities to tackle issues resulting from the continent's over-reliance...

News
23 February 2016

How ADB's TFP helped Mongolian firm improve food storage

The Asian Development Bank's (ABD) Trade Finance Programme (TFP) has helped a Mongolian company buy a cold storage facility which will allow it to meet demand for...

Perspective
22 February 2016

The dragon in the Andes: China pushes risky LatAm loans

Chinese development banks lent a total of $29.1 billion to Latin America in 2015 – nearly triple the amount of 2014, and more than the combined lending from the...

Perspective
22 February 2016

EuroChem closes largest SACE-covered project finance in Russia in 2015

Sponsored Editorial: EuroChem Group AG, a global top 10 agrochemical company, received an early Christmas present on December 22nd by closing its long-awaited €557...

News
22 February 2016

China's growing role in the Middle East

China is either the biggest or second-biggest trading partner for Middle Eastern countries, leaving Europe and Japan far behind but trailing the United States. But why...

News
22 February 2016

US Ex-Im looks to increase trade with Angola

The Export-Import Bank of the United States (US Ex-Im) is holding talks with Angolan businesses and government officials in a bid to increase trade between the two...

News
22 February 2016

Trafigura will be among first to ship post-ban US oil

Commodities trader Trafigura is set to ship one of the first cargoes of West Texas oil to Israel after the lifting of a US ban on crude oil exports. The delivery from...

News
22 February 2016

UKEF reveals $300m cover to boost exports to Myanmar

UK Export Finance (UKEF) has announced $300 million in cover to help UK businesses export to Myanmar. The export credit agency will also offer help directly to the...

News
22 February 2016

Demica unveils trio of appointments

Demica, the London-based working capital solutions provider, has hired Jen Collet, Giovanni Lazzeri and Karel Krejci to support its growth within securitisation,...