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Transmission
10 March 2016

The many faces of receivables finance

Law firm Sullivan & Worcester hosted a Trade Finance Breakfast Seminar on receivables finance in London's Pinners Hall on 23 February. Partner Simon Cook looked at...

News
10 March 2016

EIB extends support for global trade by Greek companies

The European Investment Bank (EIB) has extended its €500 million trade and export finance facility for Greece to boost the global trading role of the...

News
10 March 2016

UKEF boosts export ties with Iran in MoU

Export credit agency UK Export Finance (UKEF) and the Export Guarantee Fund of Iran have signed a memorandum of understanding (MoU) to increase trade between the...

News
10 March 2016

Euler Hermes hires MMEA head and World Agency CEO

Global trade credit insurer Euler Hermes has hired Luca Burrafato as head of Mediterranean, Middle East and Africa region (MMEA), and Anil Berry as chief executive...

News
10 March 2016

Poland's KUKE starts covering exports to Iran

KUKE, Poland's export credit agency, is to start covering exports to Iran. No limit has been established for the value of a single transaction eligible for...

News
10 March 2016

South Korea and Vietnam seal trade MoU

South Korea and Vietnam have signed a memorandum of understanding (MoU) to increase imports and exports between the two nations. The agreement was sealed between the...

News
10 March 2016

Afreximbank and Ecobank vow to boost African trade

The African Export-Import Bank (Afreximbank) and Ecobank have vowed to strengthen ties to promote trade among African countries. The two banks held a strategy meeting...

News
10 March 2016

Euler Hermes: UK late payments on the rise

The number of late payments experienced by UK businesses hit a two-year high in the final quarter of 2015, trade credit insurer Euler Hermes found. Increases were...

Perspective
09 March 2016

Brick by BRIC: the New Development ethos

With the long-awaited BRICS Bank due to begin lending next month, TXF looks at how the institution is breaking away from the western model of development finance to meet...

Perspective
09 March 2016
in
Infrastructure, Transport

Iran signs first post-sanctions ECA deal with India Exim

The Export-Import Bank of India (India Exim) last month signed a $150 million line of credit with Iran's Bank of Industry and Mine to finance rail upgrades in Iran. The...

News
09 March 2016

Saudi Aramco releases tenders for refinery project

The Saudi Arabian Oil Company (Saudi Aramco) has released the full commercial and technical tenders for its planned $2 billion clean fuels project at its Ras Tanura...

News
09 March 2016

Petrobras disburses $1bn in ICBC financial leasing

Brazilian state-run oil group Petrobras has disbursed $1 billion related to the financial leasing of the P-52 platform in a deal struck with Industrial and Commercial...

News
09 March 2016

Kexim to raise $4bn through dollar bonds

The Export-Import Bank of Korea (Kexim) is issuing dollar-denominated bonds to raise up to $4 billion to help finance companies seeking to expand overseas through...

Perspective
09 March 2016

Will firms adopt ICC’s new supply chain finance definitions?

The ICC has released a set of definitions for supply chain finance (SCF) and its techniques. The challenge now, says the ICC, is to convince supply chain financiers, many...

News
09 March 2016

Noble Group seeks $2.5bn in borrowing base facility

Hong Kong-based commodity giant Noble Group is looking for $2.5 billion in revolving credit facility which will refinance existing debt due later this year.

News
09 March 2016

Thomas Cook to help SMEs with cross-border trade deals

Thomas Cook (India) is working with Western Union Business Solutions and India's DCB Bank to help the country's small and medium-sized enterprises (SMEs) with...

News
09 March 2016

Key market claims hit highest figure since 2009

Credit insurance claims in Australia hit their highest total in February since 2009, with a total value of over $10 million. A total of 141 claims were received in...

News
09 March 2016

NIB lending volume hits record high

The Nordic Investment Bank's lending hit an all-time high in 2015, showing a year-on-year rise of almost 20%. NIB also raised €4.3 billion in new funding last...

News
09 March 2016

ADB issues $3bn global benchmark bond

The Asian Development Bank (ADB) has returned to the US dollar bond market with the pricing of a $3 billion five-year global benchmark bond. The proceeds will be part...

News
09 March 2016

German export risks rise significantly

Export risks facing German companies have risen significantly because of the country's strong trading ties with emerging markets and developing economies,...