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News
15 January 2016

UniCredit hires Holger Frank as GTB head in Asia

UniCredit has appointed Holger Frank as new head of financial institutions group and global transaction banking (GTB) in the Asia Pacific region. He joined the bank in...

Perspective
14 January 2016
in
Oil & gas

Emerging markets to feel further pain from waning oil price

Developing markets are likely to experience further economic backlashes this year from the floundering price of oil. Severe energy price shock was named as one of top...

News
14 January 2016

Open for Business: What is next for US Ex-Im?

Next Friday 22nd January senior representatives from the export finance industry will meet in New York to discuss the future of US Ex-Im.  The...

News
14 January 2016

Ingenico reaches 50,000 payment terminals landmark in Africa

France-based seamless payment group Ingenico has hit a strategic 50,000 payment terminals landmark in Africa to serve the unbanked population. The first Ingenico smart...

News
14 January 2016

EBRD syndicated financing up sharply in 2015

The European Bank for Reconstruction and Development (EBRD) mobilised more than €2.3 billion via syndicated loans last year - almost double 2014's amount. The...

News
14 January 2016

EKF and Iran agree on post-sanctions exports

EKF, Denmark's export credit agency (ECA), and Iran's finance ministry have sealed a cooperation agreement to boost trade between the two nations once...

News
14 January 2016

Puma Energy closes private placement transaction

Singapore-headquartered oil and gas company Puma Energy, a subsidiary of Trafigura, has closed a senior unsecured private placement transaction with Delta Lloyd Asset...

News
14 January 2016

Barclays and UKTI join forces to boost trade

Barclays has teamed up with UK Trade & Investment (UKTI) to help further develop international trade and inward investment for businesses in the UK. They will...

News
14 January 2016

Australia's Scottish Pacific buys fellow SME financer

Australia-based debtor finance company Scottish Pacific has bought the Australian and New Zealand operations of Bibby Financial Services. Small and medium-sized...

News
14 January 2016

Credit ratings at worst level since crisis, warns S&P

Pressure on global corporate credit ratings is at the highest level since the financial crisis, according to a report by international ratings agency Standard &...

News
14 January 2016

SBI secures $500m credit line from Kexim

The State Bank of India (SBI) has secured a $500 million loan from the Export-Import Bank of Korea (Kexim). It will be partly utilised by Indian corporates sourcing...

News
14 January 2016

Alibaba to offer cross-border trade finance platform for SMEs

Alibaba Group, the Chinese e-commerce company, has teamed up with more than 25 credit rating agencies and banks around the world to make cross-border trade financing...

News
14 January 2016

EBRD investment in central Asia hits record high

The European Bank for Reconstruction and Development (EBRD) has revealed that its investment into central Asia reached a record level in 2015. It rose 75% to €1.4...

Perspective
13 January 2016

Streamlining Europe's shipping industry

European shipping policy is in need of a makeover. It is fragmented, inefficient and needlessly bureaucratic, according to Patrick Verhoeven, secretary general of the...

News
13 January 2016

Greece's Diana Shipping seals China Exim loan

Greece-based Diana Shipping has sealed a $75.7 million loan with the Export-Import Bank of China (China Exim) to partially finance three newbuildings.

News
13 January 2016

World Bank appoints key executive posts

The World Bank Group has appointed China's Shaolin Yang as chief administrative officer and Brazil's Joaquim Levy as chief financial officer. Both appointments...

News
13 January 2016

The supply chain remains haunted by risk

Trade supply chains are still being hit by risks despite the global economic recovery, according to a report by the Netherlands-based credit insurer Atradius. Late...

News
13 January 2016

MIGA guarantees Vietnam hydropower project loan

The Multilateral Investment Guarantee Agency (MIGA) has issued a $239.7 million backing to support the Hoi Xuan hydropower project in Vietnam. Goldman Sachs and Bank...

News
13 January 2016

EDC and EIB help boost investment fund for businesses

Export Development Canada (EDC), the European Investment Bank (EIB) and the Caribbean Development Bank were among those involved in a deal with Portland Private Equity to...

News
13 January 2016

ExWorks Capital finances golf equipment manufacturer

US-based ExWorks Capital has provided working capital and import financing to an American golf equipment manufacturer. ExWorks said the deal would help support the...