Virtual currency Bitcoin has been deemed more likely to be a speculative investment rather than a medium of exchange according to a new report by SWIFT. The instigator of...

The Export-Import Bank of India (India Exim) is setting up an 'Exim Mitra' portal to encourage small and medium-sized enterprises (SMEs) to export. It aims to...

New research by SWIFT shows fiat currencies are unlikely to be overtaken by virtual currencies; while bitcoin is mainly used as a speculative investment.

Matthew Colwill has resigned as chief financial officer of Katanga Mining, which operates a major complex in the Democratic Republic of Congo. He is leaving next month...

Societe Generale Global Transaction Services' Philippe Mirland, head of business solution engineering, and Jean-Luc Smadja, head of IT systems, discuss:...

Pat Cauthery has been appointed UK Export Finance's (UKEF) new head of aerospace and defence. He is a veteran of the export credit agency, with his most recent...

The global trade finance gap has reached $1.6 trillion after financial institutions failed to support buyers and sellers, according to new research by the Asian...

The European Bank for Reconstruction and Development (EBRD) is providing a financing package of up to €123 million to the Croatian food and pharmaceutical...

The China Export and Credit Insurance Corporation (Sinosure) is set to enter Cambodia's insurance market. The move would boost Chinese trade and investment with...

Trade finance group Capital Business Credit (CBC) has provided a $5 million factoring facility to US-based toy distributor Jam'n Products, lending on both account...

Japan has agreed to increase its infrastructure investment in Iran. The Japan Bank for International Cooperation and Nippon Export and Investment Insurance have...

Jurgen Rigterink has been named as the new chief executive officer (CEO) of Dutch development bank FMO. He has been a member of the management board since 2008 and...

Coalition’s H1 2016 report on corporate and investment banks shows a continued decrease in trade finance volumes globally with Asia-Pacific bearing the brunt of the...

Mizuho Bank has boosted its team in the EMEA region with the hire of Tim Lamey as head of export and structured trade finance, EMEA. The appointment will give Mizuho a...

Scipion Capital, the London-based Africa-focused commodity trade finance investment manager, has hired Paul Baker as head of trade finance, a newly created role. He...

The China Development Bank (CDB) is to finance a petrochemical complex in the Atyrau region of Kazakhstan. The $2 billion project will produce 500,000 tonnes per year...

Turkey's Turk Ekonomi Bankasi (TEB) has sealed a €352 million and $205 million dual tranche dual currency term loan syndicated facility. The money will be...

The Asian Development Bank has appointed Ingrid van Wees as vice-president for finance and risk management. She succeeds Thierry de Longuemar.

Santander Corporate & Commercial has hired Michael Vallance as the new UK transaction banking and cash management head. He will be based in London.

International law firm White & Case has boosted its global project finance practice by hiring Francisco de Rosenzweig Mendialdua as a partner in its Mexico City...