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News
03 February 2016

Trafigura's China oil chief released on bail

The head of commodity trader Trafigura's Beijing office has been released on bail after eight months amid allegations over fraudulent oil trading, it was claimed....

News
03 February 2016

Kexim raises $400m to support green initiatives

The Export-Import Bank of Korea (Kexim) has sold $400 million of five-year green bonds - its second green bond offering since 2013, when it raised $500 million.

News
03 February 2016

DS-Concept boosts US export factoring and SCF team

International commercial finance group DS-Concept USA has appointed Charles Doc Lundberg as vice president of sales in its newly established Los Angeles office. He...

News
03 February 2016

National Bank of Ukraine opposes new ECA

The National Bank of Ukraine has opposed setting up an export credit agency (ECA) in the country because of its low ratings and lack of funds. Valeriya Gontareva, the...

News
03 February 2016

MIGA hires Jae Hyung Kwon as head of North Asia

The Multilateral Investment Guarantee Agency (MIGA) has hired Jae Hyung Kwon as senior underwriter and head of North Asia. Based in Seoul, he will oversee MIGA's...

News
03 February 2016

Russia's Bashneft raises $500m for oil prepayment

Russian oil producer Bashneft has raised $500 million in loans as prepayment for crude oil and oil products. The five-year deal was led by Societe Generale, Rosbank...

News
03 February 2016

Magnolia LNG extends financial close date with Meridian

US-based Magnolia LNG and Meridian LNG Holdings have extended the financial close date condition precedent for Magnolia as the sponsor continues to search for a new...

News
03 February 2016

DS-Concept provides export facility to Dubai IT distributor

DS-Concept, an international commercial finance group, has provided a $5 million export accounts receivable facility to a Dubai-based IT products and electronics...

News
03 February 2016

CGI Group unveils suite to reduce compliance risk

Global IT firm CGI Group has launched CGI Comply - a suite of services designed to help companies reduce compliance risk. Clients will have access to consulting...

News
03 February 2016

UAE and Qatar drive RMB use in the Middle East

The Chinese renminbi (RMB) is now the most active currency used by the United Arab Emirates (UAE) and Qatar for direct payments with Hong Kong and China, according to...

Perspective
02 February 2016

Are traders the new banks?

Traders have been stepping in to fill commodity financing gaps left by banks in recent years. Is this a temporary stopgap or a permanent shift in the financing sphere?...

Perspective
02 February 2016
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Agri/Soft Commodities, Infrastructure, Manufacturing & equipment, Oil & gas, Power, Telecoms and Communications, Transport, Waste and water

JB's industry blog: Rome, Exim and the latest deals

We are delighted to announce that our annual June export and agency finance jamboree will this year be taking place in the Eternal city. TXF Rome 2016 will take place at...

News
02 February 2016

ITFC signs Burkina Faso oil deal

The International Islamic Trade Finance Corporation (ITFC) has signed a $60 million murabaha agreement with the government of Burkina Faso and Sonabhy, the...

News
02 February 2016

Iran mining attracts $10 billion

The mining sector of Iran has attracted more than $10 billion of investment pledges from China and Europe. Among them was Italy's Danieli, which signed a joint...

News
02 February 2016

15% more SMEs use EDC export guarantee

More than 630 small and medium-sized enterprises (SMEs) took advantage of Export Development Canada's (EDC) export guarantee programme last year - a 15% rise from...

News
02 February 2016

ADB offers financial help in Pakistan power sector

The Asian Development Bank (ADB) has offered technical and financial assistance for investment into the power sector of Khyber Pakhtunkhwa, in Pakistan. The government...

News
02 February 2016

Receivables finance and the importance of contract due diligence

International law firm Thomas Cooper has examined receivables finance and looked at the importance of due diligence on the underlying sales or customer contracts.

News
02 February 2016

EDC helps Canadian firm increase US and India exports

Export Development Canada (EDC) has agreed $1.5 million in financing for British Columbia-based Vanrx Pharmasystems to help the company boost exports to India and the...

News
02 February 2016

Ukraine looks to Africa to boost agricultural exports

Ukraine's agricultural exporters are targeting Africa's growing middle class as a market to increase their trade. Ukraine agriculture minister Oleksiy Pavlenko...

News
02 February 2016

Global trade recovery stalls

World trade shrank 0.1% month-on-month in November after an increase of 0.6% in October, according to a data release by the Netherlands Bureau for Policy Analysis.