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News
08 February 2016

China's financial giants hammered in discipline review

Some of China's leading financial institutions came under fire from top anti-graft agency inspectors after a two-month disciplinary review. The China Development...

News
08 February 2016

EIB to invest in gas TANAP project

The European Investment Bank (EIB) is allocating €1 billion to finance the construction of the Trans-Anatolian Pipeline (TANAP) project. The scheme involves the...

News
08 February 2016

Zimbabwe-China deals in limbo amid Sinosure row

Multi-billion dollar deals between Zimbabwe and China are in limbo amid fears that Chinese export credit agency Sinosure is reluctant to guarantee more loans from the...

News
08 February 2016

IFC helps Indonesia's Bank Danamon boost Islamic trade finance

The International Finance Corporation (IFC) is investing $75 million in Indonesia's Bank Danamon to develop its Islamic trade financing operations. IFC will...

News
08 February 2016

PdV taps Citgo credit line for oil imports

PdV, the state-owned Venezuelan oil and gas company, is tapping the credit line of its US downstream subsidiary Citgo to finance imports of light crude and refined...

Perspective
05 February 2016
in
Metals and Mining

More miners look to ECAs to fund deals

TXF examines the dominant role development banks and export credit agencies (ECAs) now have in mining project finance as depressed commodity prices force miners to seek...

News
05 February 2016

Glencore rating cut to just above junk

Swiss-based commodity trader Glencore's credit rating has been cut by Standard & Poor's to a notch above junk status. The credit ratings firm cited fresh...

News
05 February 2016

Japan to Iran: Let's do business

Japan is set to join the scramble for business with Iran by signing an investment treaty with the country now that international sanctions have been lifted. The treaty...

News
05 February 2016

Total and BP to share industry views at IP Week

Patrick Pouyanne, chairman and chief executive officer of Total, and Spencer Dale, BP's group chief economist, will both talk at the International Petroleum (IP)...

News
05 February 2016

EKF is ready for guarantees covering Iran

EKF, Denmark's export credit agency, is ready to provide guarantees covering Danish exports to Iran. It will initially cover "letters of credit and other...

News
05 February 2016

RBS calls off planned sale of India banking business

Royal Bank of Scotland has called off a planned sale of its India banking business and will instead look at options including winding it down. The India operations of...

News
05 February 2016

NEXIM receives $1.52bn export stimulation fund

The Nigerian Export-Import Bank has received a $1.52 billion export stimulation fund from the country's central bank, managing director Robert Orya revealed.

Perspective
04 February 2016

Historic TPP trade deal signed in Auckland

One of the largest multinational trade pacts in history, the Trans-Pacific Partnership (TPP), was officially signed today in Auckland, New Zealand by ministers of its 12...

News
04 February 2016

EBRD and IFC help upgrade Egypt's oil and gas infrastructure

The European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC) are part of a consortium which has issued a $341 million...

News
04 February 2016

Glencore must offset mining woes, warns S&P

Swiss-headquartered Glencore needs its commodities-trading division to help offset its sluggish mining unit, according to Standard & Poor's (S&P). The...

News
04 February 2016

EDC helps Exo-s expand business abroad

Export Development Canada (EDC) has announced a previously dispersed CAD 4 million in financing for Exo-s, a Quebec-based supplier of molded plastic parts primarily...

News
04 February 2016

King & Spalding takes on transportation finance lawyer

US law firm King & Spalding has hired transportation finance lawyer Christopher Buchanan as a partner with the finance practice. He has experience of counselling...

News
04 February 2016

D+H applies distributed ledger blockchain tech to payments hub

Solutions provider D+H has integrated blockchain distributed ledger technology into its global payments services hub. Banks will be able to move money in real-time and...

News
04 February 2016

Iran and South Korea agree to boost won-based deals

Iran and South Korea are set to boost bilateral trade based on the Korean won. Tehran and Seoul will keep the current won-based settlement system, while seeking an...

News
04 February 2016

Trade data missing $2trn in global flows

Equant Analytics, a new fintech and advisory business, has published a report evidencing $2.1 trillion of missing global trade. Its co-founders, Dr Rebecca Harding and...