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Perspective
15 September 2014

Banksville appointment bolsters Latin American presence

New York-based consultancy firm, Banksville Partners (BP), has appointed Hugo Pezzoni to its Buenos Aires office.

Perspective
15 September 2014

Turkey’s Aktif Bank secures trade funds through the ITFC

The International Islamic Trade Finance Cooperation (ITFC), a member of the Islamic Development Bank Group, has signed a $45 million murabaha agreement with Turkey’s...

Perspective
15 September 2014

Indonesia’s Adaro Energy secures refi loan

Adaro Indonesia, a subsidiary of coal mining company Adaro Energy has secured a $1 billion loan. The funds will be used to refinance its maturing debt this year and...

Perspective
15 September 2014

Standard Bank capitalises on liquid market with oversubscribed club loan for trade purposes

The Standard Bank of South Africa has signed a $560-million, 36-month term loan facility with a club of international banks.

Perspective
12 September 2014

Ambitious ITFA revamp looks to the future

The International Trade and Forfaiting Association (ITFA), formerly the International Forfaiting Association (IFA), has undergone an ambitious revamp focused on playing a...

Perspective
12 September 2014

New wave of sanctions hits Russia’s banks and energy companies

A new wave of coordinated sanctions, announced by the EU and the US today will target the biggest players in Russia’s vital energy and banking sectors. These latest...

Perspective
12 September 2014

Ghana Cocobod signs annual PXF oversubscribed with options

The signing for the Ghana Cocoa Board (Cocobod) annual pre export finance (PXF) facility has taken place with the marketing agency securing $1.7 billion for the Ghanaian...

Perspective
12 September 2014

Canadian ECA to finance Hispasat satellite

Export Development Canada (EDC), the Canadian export credit agency (ECA), has announced a €123 million ($159 million) loan to Spanish satellite communications operator...

Perspective
12 September 2014

EssDOCS opens Americas HQ, and appoints office head

EssDOCS, the provider of electronic documentation solutions within shipping and trade, has opened its first regional Americas headquarters office in Hoboken, New Jersey.

Perspective
11 September 2014

Finacity facilitates supplier finance program

Finacity corporation (Finacity), the receivables finance company, has assisted the closing and funding of an $80 million supplier finance company on behalf of a US...

Perspective
11 September 2014

Natixis and SMBC combine for MEASAT deal

Natixis and Sumitomo Mitsui Banking Corporation (SMBC) have acted as joint financial advisers on a $225 million deal, closed by MEASAT International (South Asia) Ltd, to...

Perspective
11 September 2014

BNY Mellon predicts London and Singapore will emerge as RMB hubs

In a recent report produced by BNY Mellon, the bank believes that London and Singapore could become key offshore renminbi (RMB) payments centres alongside Hong Kong by...

Perspective
11 September 2014

Misys launches new suite of programmes

Misys, the financial software provider, has just launched Misys Connect, a suite of programmes designed to give customers direct access and links to cross-functional...

Perspective
11 September 2014

IFC and YES Bank provide loans for India’s Continuum Wind Energy

International finance Corporation (IFC) is lending $50 million to two wholly-owned subsidiaries of Continuum Wind Energy (India) to expand access to clean energy, and...

Perspective
11 September 2014

SG and IFC team for loan to Moldovan agri-sector

Société Générale CIB (SG CIB) has arranged a syndicated pre-export financing (PXF) in conjunction with the International Finance Corporation (IFC) to finance a grain and...

Perspective
11 September 2014

Golden Star signs loan for Ghana’s Wassa gold deposit

Mining company Golden Star Resources has signed a new loan to develop a potential underground gold deposit at Wassa in Ghana.

Perspective
10 September 2014

AfDB approves loans for vital infrastructure projects

The African Development Bank Group (AfDB) has approved three loans, totalling $256 million, in infrastructure, water, sanitation and health.

Perspective
10 September 2014

Falcon hires risk management team

Falcon Group, the alternative financier, has established a new team dedicated solely to risk management.

Perspective
10 September 2014

Oman Oil signs heavily oversubscribed mega RCF with bank syndicate

Oman Oil Company (OOC), the Sultanate’s energy investment arm, has signed a revolving credit facility (RCF) agreement totalling $1.85 billion with 16 local, regional and...

Perspective
10 September 2014

Changes ring at SMS Siemag AG

New roles for Gerdpeter von Gurezky-Cornitz and Jens Haupt within the finance team at German manufacturer