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News
19 September 2016

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...

News
19 September 2016

Development Bank of Turkey to be restructured

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.

News
19 September 2016

China Exim agrees hydropower financing with Laos

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.

News
19 September 2016

ICBC agrees infrastructure project financing deal

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...

News
19 September 2016

Irish SMEs turn away from alternative finance

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.

News
19 September 2016

China to invest $450bn modernising agriculture by 2020

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...

News
19 September 2016

EBRD sets up Equity Participation Fund

The European Bank for Reconstruction and Development (EBRD) has completed a €350 million first round of fundraising for its debut Equity Participation Fund with...

News
19 September 2016

The mounting risks of a Chinese banking crisis

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...

News
19 September 2016

BTMU and IBM use blockchain for contract management

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...

News
19 September 2016

Coface: Polish insolvencies fall amid fair economic growth

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...

News
19 September 2016

Africa's overall growth slows but outlook is positive

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...

Perspective
16 September 2016

First Finnvera-NIB financing creates landmark deal in Brazil

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...

Perspective
16 September 2016

New OFAC directive provides further damage to international trade with Russia

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...

Perspective
16 September 2016

BPO: Renaissance or another false dawn?

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...

News
16 September 2016

EBRD appoints Ivana Duarte as head of Baku office

Ivana Duarte has been appointed the European Bank for Reconstruction and Development's (EBRD) head of the Resident Office in Baku, Azerbaijan.

News
16 September 2016

Fluent adds trade finance experts to board of advisors

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...

News
16 September 2016

Afreximbank closes first $300m China Exim-backed loan

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...

News
16 September 2016

Euler Hermes market analysis on German textile industry

Risks in the German textile industry remain high, with stagnating sales, low margins, and strong competitive pressure making life hard for companies, according to...

News
16 September 2016

Questfire Energy reveals credit facility amendment

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...

News
16 September 2016

Vale signs $1bn bank funding backed by Glencore

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.