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News
14 September 2015

Afreximbank gears up for investiture of new president and headquarters inauguration

The African Export-Import Bank is set to inaugurate its headquarters building and conduct the investiture of its new president, Dr Benedict Oramah, on September...

News
14 September 2015

Finacity facilitates MXN$300 million Dimex Capital deal

Finacity today announced it had facilitated the MXN$300million inaugural consumer loan securitization program of Dimex Capital. It will also serve as the ongoing...

News
14 September 2015

Glencore confirms 18-month production suspension at Katanga

Glencore has announced that the company behind the Katanga mining project in the Democratic Republic of Congo will suspend production at the site for 18 months. The...

News
14 September 2015

Finacity and Wells Fargo boost trade receivables securitization for The Manitowoc Company

Finacity revealed today that it has successfully facilitated the addition of an Asian originator to an existing trade receivables securitisation for The Manitowoc...

Perspective
11 September 2015
in
Oil & gas

Tartaruga/MODEC signs $1.26 billion project financing for FPSO in Brazilian oil fields

Tartaruga MV29 (TARMV29), a company incorporated in the Netherlands in which MODEC, Mitsui & Co, Mitsui OSK Lines, and Marubeni Corporation have equity stakes, has signed...

Perspective
10 September 2015

Commodity finance failing to deliver

A funding crisis is developing in the commodities market as producers and traders, particularly of the small and mid-sized variety, struggle to access the type and volume...

Perspective
10 September 2015

SACE and Yapi Kredi sign cooperation agreement to boost trade channels

The Italian export credit company SACE and Turkish bank Yapı Kredi have signed a cooperation agreement designed to bolster and strengthen the platform for export...

Perspective
09 September 2015

EuroChem signs $750 million PXF club facility

The Swiss-headquartered Russian agrichemical EuroChem Group AG has signed a $750 million pre-export finance facility with a club of leading international banks. The funds...

News
09 September 2015

ITFC supports Jordanian food and energy sectors with $3bn agreement

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) group, has signed a $3 billion framework agreement with the...

News
09 September 2015

ADB, Myanmar sign framework agreement to expand trade finance

The government of Myanmar and the Asian Development Bank (ADB) has signed a framework agreement today that will allow ADB to expand its Trade Finance Programme (TFP)...

News
09 September 2015

Glencore halts trading ahead of plan to cut $30 billion debt

Glencore, the world’s largest publicly-traded commodity supplier,halted its stock in Hong Kong Monday ahead of an announcement on plans to cut net debt of about...

News
09 September 2015

British firms blame export delays on access to finance

Export confidence growing among small and medium business but almost a quarter have faced issues securing trade finance or credit insurance

Perspective
09 September 2015

Bladex leads $102 million secured loan for Ecuador agri-company Favorita

Banco Latinoamericano de Comercio Exterior (Bladex) has arranged and closed a $102 million, syndicated loan in favour of companies belonging to the Favorita Group; a...

Perspective
09 September 2015

Natixis appoints head of infra and projects Americas

Natixis has appointed Jonathan Kim as managing director, head of global infrastructure & projects (GIP) Americas.

Perspective
08 September 2015

ITFC signs $3 billion commodity trade import framework with Jordan

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) group, has signed a $3 billion umbrella financing framework...

Perspective
08 September 2015

Helios Investment Partners shows success story and repays $50 million OPIC loan

The Overseas Private Investment Corporation (OPIC) reports that Helios Investment Partners (Helios) has repaid in full a $50 million loan that was issued by the US...

News
08 September 2015

Korea Eximbank to finance $5bn of Iranian projects

The Export-Import Bank of Korea (Korea Eximbank) said it could offer $5 billion financing for building hospitals and pharmaceutical centers in Iran. The Korean ECA has...

Perspective
08 September 2015

Aon Risk Solutions appoints new head of business development, global trade credit

Aon Risk Solutions, the global risk management business of Aon, has appointed Pieter van Ede as head of business development, global trade credit, with immediate effect....

News
08 September 2015

Falcon Group in tie-up to boost UAE-Vietnam trade

Corporate financier Falcon Group has entered into a joint-venture co-operation agreement with the government of Vietnam, through the Embassy of Vietnam in the UAE,...

Perspective
07 September 2015

ICC launches global export finance committee

The International Chamber of Commerce (ICC) has today launched the ICC Global Export Finance Committee – an export finance working group, chaired by Eric de Jonge, global...