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Perspective
23 December 2014

ADB survey reveals persistent trade finance gap hurting Asian growth

A new ~Asian Development Bank^ (ADB) survey reveals that large market gaps for trade finance are undermining growth and job creation. The report was compiled with support...

Perspective
23 December 2014

TXF German market export finance survey – Commerzbank interview

In October 2014 TXF held an export finance roundtable in Frankfurt – which was attended by some 90 guests, with a good split of exporters, banks and representatives from...

Perspective
23 December 2014

GISA Netherlands signs oversubscribed syndicated RCF

The metals mining company, GISA Netherlands (GISA), a subsidiary of Gerald Group, has announced the signing of a substantially oversubscribed syndicated revolving credit...

Perspective
22 December 2014

SACE approves funds for new projects in frontier markets

Italian export credit agency, SACE, has today announced that it has approved €2.1 billion ($2.57 billion) in new commitments for export credit transactions and investment...

Perspective
22 December 2014

Senegal agri-sector receives boost with Afreximbank funding

The Senegalese agri-sector is set for a boost with new funding announced today by the African Export-Import bank (Afreximbank).

Perspective
22 December 2014

Tungsten agrees financing arrangement with Insight

Tungsten Corporation has signed an agreement with Insight Investment Management (Insight) under which Insight has agreed to invest in Tungsten early payment receivables,...

Perspective
22 December 2014

Boost for Ukrainian trade with EBRD loan to Raiffeisen Bank Aval

The European Bank for Reconstruction and Development (EBRD) is further supporting Ukrainian exporters and importers by increasing financing available under its Trade...

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...