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...
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...
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...
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....
CIT Group, a leading transportation finance company, has today announced that CIT Maritime Finance has arranged a $32 million senior secured credit facility to Norstar...
Turkish automaker Tofaş Türk Otomobil Fabrikasi (Tofas) has signed a €200 million ($222 million) export credit financing with HSBC, ING. Italian export credit agency SACE...
Glencore and Fortescue Metals Group led a global slump in mining shares on concern China’s devaluation of the yuan will sap demand for commodities. Glencore, the...
The UK government is set to ban anti-invoice finance terms and restrictive clauses in contracts that prevent businesses from gaining invoice finance. These measures...
South Korea’s two policy lenders, Korea Development Bank and the Export-Import Bank of Korea, have shouldered massive bad loans, estimated at 5.5 trillion won...
Alvean Sugar and Lantic have successfully completed a shipment using Bolero’s cloud-based messaging services in an industry first for the commodity type - the...
HSBC has appointed Rohit Garg as the new head of global trade and receivables finance (GTRF) in Australia. He will be based in Sydney.
Glencore’s trading business is at risk of missing its earnings target for this year, if analyst estimates and historical precedent are any guide. The...
The African Export-Import Bank (Afreximbank) has announced a proposal to introduce foreign exchange swap arrangements aimed at advancing the availability of foreign...
The Nordic Investment Bank and Finnland's Wärtsilä Corporation have agreed on a seven-year loan totalling €100 million to finance the acquisition of...
Matthew Strong has moved from the Jardine Lloyd Thompson Group (JLT) offices in London to take up his new position as head of the credit, political and security (CPS)...
Gazprom’s UK-based subsidiary, Gazprom Marketing & Trading (GM&T) has signed a 364-day $500 million syndicated revolving credit facility (RCF).
Hong Kong-headquartered, commodity trading house Noble Group has today made public the conclusions and results of the PricewaterhouseCoopers (PwC) review of Noble's...
The EBRD is providing finance for a new soft drinks bottling plant in Tajikistan with an investment that will help reduce imports, increase domestic production and...
The International Chamber of Commerce (ICC) is calling on countries to stop rolling out unilateral non-preferential rules of origin and encouraging them to conclude...
David MacLennan, the Cargill chief executive, has said that the agribusiness giant was "focused on improving profitability" after a technological hiccup and...
Details have emerged on the $515 million limited-recourse debt package backing the 300MW Maamba coal-fired power plant and associated mine refurbishment in...