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News
06 July 2016

Maybank Indonesia adopts Intellect's integrated solution

Digital technology group Intellect Design Arena has announced that Bank Maybank Indonesia has gone live with its Integrated Treasury Management System - OneTreasury -...

News
06 July 2016

UniCredit issues first Romanian BPO

UniCredit Bank has completed its first Bank Payment Obligation (BPO) on the Romanian market. It involved a commercial operation between Romanian wastewater group Adiss...

News
06 July 2016

Russian blockchain consortium unveiled

A Russian blockchain consortium - consisting of QIWI Group, Accenture, B&N Bank, MDM Bank, Bank Otkritie, Tinkoff Bank - has been formed. It will focus on the...

News
06 July 2016

Kexim mulls over big bath

The troubled Export-Import Bank of Korea (Kexim) is considering a big bath. The bank's non-performing loans have shot up amid the restructuring of South Korean...

Perspective
05 July 2016

Trade finance 'an easy business for banks to exit'

Trade finance is being increasingly neglected as banks refocus on core markets and slash costs in the face of mounting risks and regulatory pressures. It’s an area of...

News
05 July 2016

BNDES approves loan for wind projects

BNDES, Brazil's state development bank, has approved a $109 million loan to support the development of four wind farms in Ceara state, in the north-east of the...

News
05 July 2016

BPL Global hires broker Cindy Gunawan

BPL Global, the credit and political risk insurance broker, has hired Cindy Gunawan as a broker to boost its Asia Pacific team. Gunawan was previously a senior...

News
05 July 2016

Trade Finance Global launches training hub

Trade Finance Global has launched a programme for finance directors and professionals. It provides an in-depth course in trade and structured finance, including...

News
05 July 2016

Coface raises concerns over claims in emerging countries

Insurer Coface foresees a net loss ratio of 63% to 66% for the full year compared with 52.5% in 2015 amid the development of claims in emerging countries at a higher...

News
05 July 2016

HSBC Commercial makes two senior hires

HSBC Commercial Banking has appointed Stuart Tait as head of commercial banking, Asia-Pacific. He will relocate to Hong Kong from London. The bank has appointed...

News
05 July 2016

Agribusiness Kernel renews PXF

Ukrainian agribusiness Kernel has renewed a one-year pre-export credit facility (PXF) with a limit of $215 million with a syndicate of European banks. The money will...

News
05 July 2016

JBIC agrees $1.16bn financing for Indonesia LNG project

The Japan Bank for International Cooperation (JBIC) is providing $1.16 billion in financing for an eastern Indonesian liquefied natural gas (LNG) project taken on by...

News
05 July 2016

China Exim urged to boost trade with Nigeria

Nigeria is looking to work with the Export-Import Bank of China (China Exim) in a bid to increase trade between the two nations.

News
05 July 2016

ADB and NDB agree milestone MoU

The Asian Development Bank and New Development Bank have penned a memorandum of understanding (MoU) to work together on sustainable development projects in renewable...

News
05 July 2016

Thierry Croiset joins Coface as group risk director

Insurer Coface has hired Thierry Croiset as group risk director. He joins from GE Capital and will report directly to chief finance and risk officer Carine Pichon.

Perspective
04 July 2016

The good, the bad, and who knows what or where next!

The past month of June has been a busy time for TXF, with two of our landmark conferences – TXF Rome and TXF London – blazing their way into the market and both proving...

Perspective
04 July 2016

YellowWood Adventures becomes a TXF travel partner

TXF has joined forces with YellowWood Adventures to afford TXF subscribers discounted rates for adventure travel tours through Ethiopia’s iconic mountain ranges.

News
04 July 2016

Iran has second thoughts on landmark Airbus deal

Iran insists it is under no obligation to buy the Airbus A380 superjumbo jets it preliminarily agreed to earlier this year. Tehran said it had "freedom to...

News
04 July 2016

World Bank to fund huge criticised gas pipeline

The World Bank is set to finance the Azerbaijan and Turkey section of the Southern Gas Corridor to Europe. It has been dubbed the "biggest infrastructure project...

News
04 July 2016

Petrobras' Indian partners fight delay in Brazil project

Brazil's state-run oil group Petrobras has told its Indian partners in a huge project in Sergipe to not expect oil from the site until 2022. Partner IBV has...