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News
10 December 2015

ING signs up to SWIFT's KYC Registry

Netherlands-based ING Bank has joined SWIFT's Know Your Customer (KYC) Registry. The registry is a centralised repository that maintains a standardised set of...

News
10 December 2015

NZCID elects ANZ's Patrick Brockie as chairman

The New Zealand Council for Infrastructure Development (NZCID) has elected long-standing board member Patrick Brockie as its new chairman. Brockie, head of global...

News
10 December 2015

Latin American banks flock to SWIFT's KYC Registry

More than 100 Latin American financial institutions have joined SWIFT's KYC Registry since it was launched in December 2014. The registry maintains a standardised...

News
09 December 2015

Development banks 'failing in fight against climate change'

Development banks are neglecting the fight against climate change by backing fossil-fuel projects in developing countries, US eco-group Sierra Club said. The...

News
09 December 2015

New SACE policy targets micro and small groups

Italian export credit agency SACE is launching a new policy dedicated to the country's micro and small companies. BT Facile PMI allows businesses to insure all...

News
09 December 2015

CBI and NGI seal trade credit insurance deal

UAE-based Commercial Bank International (CBI) and National General Insurance (NGI) have signed a trade credit insurance agreement. The deal, backed by Coface Credit...

News
09 December 2015

Malaysia's 150-step plan to boost exports

Malaysia will take part in 150 programmes to boost exports next year, the Malaysia External Trade Development Corporation announced. Most of the events will be in...

News
09 December 2015

Vitol buys stake in asphalt trader Sargeant Marine

Swiss-headquartered commodity trader Vitol is buying a 50% stake in US-based asphalt business Sargeant Marine to form a global asphalt logistics and trading company....

News
09 December 2015

World Bank: Emerging markets are at a crossroads

The emerging market countries are facing the possibility of a new era of slower economic growth, according to economists at the World Bank. The good news is that those...

Perspective
08 December 2015

ADB: Working with South American banks to boost South-South trade

We're thrilled to welcome Banco Patagonia Argentina into ADB's Trade Finance Program (TFP). As a participating bank, TFP will provide guarantees to Banco Patagonia...

Perspective
08 December 2015

Global trade set for bumper 2016, says HSBC

Global trade looks set to experience a tentative recovery, according to the Global Trade Forecast released by HSBC this morning.

News
08 December 2015

US relaxes sanctions on Burmese port to facilitate trade

The United States Treasury Department on Monday relaxed sanctions on Yangon’s blacklisted port in “response to reports of slowing trade with Burma.”...

News
08 December 2015

Habib Bank goes digital with Misys FusionBanking Corporate Channels

Misys, the financial software company, today announced that HBL, the largest domestic multinational bank in Pakistan, has adopted Misys FusionBanking Corporate...

News
08 December 2015

EDC finances LCI Education's new Australian campus

Canadian ECA Export Development Canada (EDC) has provided C$16M in financing for LCI Education, a network of educational institutions specialising in fashion, design,...

News
08 December 2015

Lloyds bolsters commercial banking operation with eight new hires in Singapore

Lloyds Bank has strengthened its commercial banking operation in Asia with the appointment of eight new hires across the business. Stephen Skulley, head of Lloyds Bank...

News
08 December 2015

EXIAR to develop 'Made in Russia' brand

The Russian Agency for Export Credit and Investment Insurance (EXIAR) has become the 'Made in Russia' national brand’s General Partner. As part of its...

News
08 December 2015

Iranian and Kazakh ECAs sign MoU

The export credit agencies (ECAs) of Iran and Kazakhstan have signed a memorandum of understanding (MoU) to promote trade and investment between the two nations. The...

Perspective
07 December 2015

Commodity investor interviews: Barak Fund Management – making commodity deals bankable

Barak founder Jean Craven talks to TXF’s Helen Castell about opportunities in African agri, how trade finance funds complement bank finance and about Barak’s plans to...

News
07 December 2015

Danish bank seals SME/green loan from NIB

The Nordic Investment Bank and Denmark's Ringkjøbing Landbobank have agreed a €20 million loan programme to finance Danish environmental projects and...

News
07 December 2015

ADB gives Afghan energy trade a boost

Cross-border energy trade in Afghanistan is to be boosted by Asian Development Bank (ADB) grants worth $1.2 billion. The deal will reinforce ongoing energy projects,...