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News
18 August 2015

NIB launches new lending facility with Finnfund

The Nordic Investment Bank (NIB) and the Finnish Fund for Industrial Cooperation (Finnfund) have signed a ten-year loan totalling $40 million (€36 million) for...

Perspective
18 August 2015

Syndication launched on $125 million loan for United Arab Bank

General syndication has been launched today for a $125 million term loan for United Arab Bank (UAB). The facility will be used by UAB for general corporate purposes,...

Perspective
18 August 2015

London Forfaiting joins UKEF bond support scheme

London Forfaiting Company (LFC) has joined the UK Export Finance (UKEF) bond support scheme. The scheme helps UK firms access government support for export-related bonds.

Perspective
17 August 2015

Breaking down barriers

Global trade growth built up expectations with a healthy recovery following the crisis, but it has since relapsed to a snail-like pace of advancement. Despite their...

Perspective
17 August 2015
in
Transport

Transport trumps energy for export finance

Transport has wrestled energy off its throne as the leading sector for export finance in the first half of 2015 – TXF’s H1 Export Finance Report revealed this week.

Perspective
17 August 2015

Deutsche Bank closes €300 million borrowing base facility for VDM Metals

Deutsche Bank has closed a €300 million ($334 million) borrowing base facility for the German metal production company VDM Metals Group (VDM). Acting as the coordinating...

Perspective
17 August 2015

Bank of Georgia signs $30 million trade finance facility

Bank of Georgia has closed a $30 million, one-year trade finance club facility with Citi. This is the second club facility arranged by Citi for Bank of Georgia. The club...

News
17 August 2015

Here's the official plan should US Ex-Im shut down

More than 80 years after its founding, the Export-Import Bank of the United States may be on the verge of shutting down. For those wondering what might happen should...

News
17 August 2015

Glencore braced to reveal huge drop in profits

Glencore is set to add more blows to dwindling investor confidence when it delivers a disappointing set of results on Wednesday. The mining and commodity giant’s...

News
17 August 2015

US activist builds Glencore stake

One of America’s most influential activist investors has secretly amassed a stake in FTSE 100 mining giant Glencore as it attempts to wrestle with the dramatic...

News
17 August 2015

Major Kazakh coal project may derail as Kexim backs away

A Korean consortium's 6 trillion won ($5 billion) project to build a coal-fired power plant in Kazakhstan may be derailed due to the Kazakh government's lack...

News
17 August 2015

Olam quarterly profit triples as food unit earnings advance

Olam International, the Singapore commodity trader controlled by the city’s state investment company, has tripled it second-quarter profit as earnings from its...

Perspective
17 August 2015

HSBC facilitates RMB lending in China’s expanded FTZ pilot

HSBC has facilitated cross-border renminbi (RMB) loans for mainland China corporates operating from the Nansha Free Trade Zone (FTZ) and Kunshan, areas that are now...

Perspective
17 August 2015

ABN AMRO appoints country executive for UK

ABN AMRO has appointed Robbert Booij as the new country executive for the United Kingdom and general manager of ABN AMRO Bank UK branch.

Perspective
14 August 2015

KAZ Minerals signs $50 million credit facility with Caterpillar

Kazakhstan-focused copper production company KAZ Minerals has signed a new $50 million revolving credit facility (RCF) with Caterpillar Financial Services (UK) (Cat...

Perspective
14 August 2015

Export finance market declines on project and aviation finance slump

Export finance volumes in the first half of 2015 have tumbled by 28% year-on-year, and by 35% compared to the second half of last year, TXF’s H1 Export Finance Report...

Perspective
14 August 2015
in
Chemicals/Petrochemicals, Infrastructure, Oil & gas, Transport

JB's Industry Blog: August 14

If you love international trade, then you surely must love ships. I certainly do. And maybe that’s not surprising as I was born in Sunderland – a town that many years ago...

Perspective
14 August 2015

New report shows Asian corporates increasing use of receivables financing

According to a new research report from East & Partners Asia (E&P Asia), international and regional banks have a major opportunity to exploit the trade finance needs of...

Perspective
13 August 2015

Akbank signs accordion option to increase term loan to $335 million

Turkey’s Akbank has signed the accordion option of its $275 million three-year term loan facility that it originally agreed to in early July. The addition of the...

Perspective
13 August 2015

PGNiG Upstream International secures $400 million financing

PGNiG Upstream International (PUI), a subsidiary of Polish oil and gas group PGNiG, has signed a $400 million credit facility agreement with eight international banks....