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Perspective
22 December 2014

Margrith Lütschg-Emmenegger retires as president of FIMBank

After more than 11 years at the helm of trade within Malta-headquartered FIMBank, the group’s president, Margrith Lütschg-Emmenegger, is retiring. The group has also...

Perspective
22 December 2014

Turkey’s İșbank secures EBRD funds for SMEs

The European Bank for Reconstruction and Development (EBRD) is extending a $127.5 million financial package to the İșbank to support small and medium-sized enterprises...

Perspective
22 December 2014

VTB provides finance for Armenia’s Teghout copper mine

VTB Bank has announced that it will provide financing for one of Armenia’s largest mining projects – the development of the enrichment plant at the Teghout...

Perspective
22 December 2014

Enagás renews and extends multi-currency financing facility

Spanish gas operating company, Enagás, has renewed its multi-currency financing facility which it signed originally in 2013, through a self-arranged deal with a club of...

Perspective
19 December 2014

Kenya’s Lake Turkana Wind Power receives first disbursements of funds

Following the financial close of Lake Turkana Wind Power Project (LTWP) on 11 December 2014, LTWP has today received the first disbursement of funds. The project was...

Perspective
19 December 2014

UKEF appoints head of international business development

UK Export Finance (UKEF), the UK’s export credit agency, has appointed David Ludlow as its new head of international business development.

Perspective
19 December 2014

Hans Janus leaves Euler Hermes after three decades

Dr Hans Janus, a member of the board of management of Euler Hermes, has announced that he will be leaving the German export credit agency at the end of the year.

Perspective
19 December 2014

Siemens & Citi scoop TXF Trade & Treasury awards

Germany’s Siemens and New-York headquartered Citi have been announced as the inaugural winners at the first TXF Trade & Treasury Awards, winning the prize for Best...

Perspective
19 December 2014

Russia’s TransTeleCom receives credit line from VTB Bank

TransTeleCom (TTK), one of Russia’s biggest telecom operators, has signed documentation with VTB Bank to receive a non-revolving credit line with a limit of RUB3 billion...

Perspective
18 December 2014

Myanmar joins ASEAN infrastructure fund

Myanmar has completed all procedures to become the eleventh shareholder of the ASEAN Infrastructure Fund (AIF), joining other Association of Southeast Asian Nations...

Perspective
18 December 2014

AFC completes exceptional funding round

Africa Finance Corporation (AFC) has completed an exceptional fund raising sequence, which sees the investment grade rated multilateral development finance institution...

Perspective
18 December 2014

HNB becomes first Sri Lankan bank to receive Kexim loan

Hatton National Bank (HNB) has become the first Sri Lankan bank to establish a revolving credit line with the Export-Import Bank of Korea (Kexim).

Perspective
17 December 2014

Mercuria Energy hires former OW Bunker team

Swiss-headquartered commodity trading company Mercuria Energy has moved more intensely into the shipping fuel sector with the hire of personnel from the Danish-owned OW...

Perspective
17 December 2014

BAML looks inwards for four senior GTS appointments

Bank of America Merrill Lynch (BAML) has made four senior appointments to its global transaction services (GTS) team, all from within its own ranks.

Perspective
17 December 2014

ADB loan to Yoma will boost Myanmar operations

Singapore-listed Yoma Strategic Holdings Ltd. (Yoma Strategic) has secured a loan from the Asian Development Bank (ADB), which is designed to improve infrastructure...

Perspective
17 December 2014

EDC and RBC support Mirus’ acquisition of Chinese manufacturing facility

The Canadian export credit agency (ECA), Export Development Canada (EDC) has announced it will guarantee a loan provided by the Royal Bank of Canada (RBC), to support...

Perspective
17 December 2014

SACE guarantees BPER loan for Italian agricultural firm

The Italian export credit agency (ECA), SACE, is teaming with Banca Popolare dell’Emilia Romagna (BPER), to support Zaccagnini – an Italian agricultural firm specialised...

Perspective
16 December 2014

JB's weekly round up - 16 December 2014

As 2014 draws to a close I know plenty of you are still working hard to get those final deals over the line.

Perspective
16 December 2014

EDC signs commercial loan with Vodafone

Canada’s export credit agency (ECA), ~Export Development Canada^ (EDC), has announced a commercial financing deal with telecom service company, ~Vodafone^, in support of...

Perspective
16 December 2014

SunEdison closes solar fund with Barclays and Citi

The global solar technology manufacturer and provider of solar energy services, SunEdison, has closed its second fund for distributed generation projects in the US with...