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Perspective
18 January 2016

Trade secrets: Using electronic finance to unlock business opportunities

The digitisation of trade finance has the potential to deliver significant benefits to corporates, banks, carriers and other trading partners. As well as reducing the...

News
18 January 2016

It's here: The AIIB is officially launched

The new, China-led Asian Infrastructure Investment Bank (AIIB) has been officially launched in Beijing. The bank is expected to have $100 billion in authorised...

News
18 January 2016

UKEF backs businesses in Iran after sanctions are lifted

UK Export Finance (UKEF), Britain's export credit agency, has reintroduced cover to back companies looking to do business with Iran after sanctions against the...

News
18 January 2016

JBIC part of $3.3 billion loan to UAE oil producer

The Japan Bank for International Cooperation (JBIC) has signed a $2.1 billion loan deal with the United Arab Emirate's Abu Dhabi National Oil Company to help it...

News
18 January 2016

£60bn wipeout: UK mining stocks crushed over 6 months

Britain's biggest mining companies have seen £60 billion wiped off their market value since last summer, according to research by Business Insider.

News
18 January 2016

IFC in deal to help set up record solar power plant in India

The International Finance Corporation (IFC) has signed a deal to help fund the building of the world's largest solar power plant in India. It will attract about...

News
18 January 2016

The roles of blockchain and LCs in 2016

The digitilisation of letters of credit (LCs), more investment to back alternative finance companies, and the supply chain being disrupted by blockchain are some of...

News
18 January 2016

AIIB will lend only in US dollars

The Asian Infrastructure Investment Bank (AIIB) will lend only in US dollars, while attracting capital in other currencies. The China-led bank will issue its first...

News
18 January 2016

Taulia secures $46 million Series E round

Financial supply chain company Taulia has raised $46 million in Series E financing, led by London-based Zouk Capital. The latest round brings Taulia's total...

News
18 January 2016

EBRD backs international trade in Turkey through Odeabank

The European Bank for Reconstruction and Development (EBRD) is issuing a $50 million trade facility to Turkish lender Odeabank. EBRD will issue guarantees covering the...

News
18 January 2016

Kexim may upgrade Iran's credit rating

The Export-Import Bank of Korea (Kexim) may increase its sovereign credit rating for Iran after its sanctions were lifted. Kexim is considering upgrading Iran's...

News
16 January 2016

IDC supports Ivory Coast in issuance of $244 million sukuk

The Ivory Coast, acting through the Minsitry of Economy and Finance, closed a 244 million sukuk on 21st December 2015.The Islamic Corporation for the Development of...

News
15 January 2016

EBRD finances regional expansion of PKP Cargo with €100 million loan

The European Bank for Reconstruction and Development (EBRD) has provided a €100 million loan to finance the acquisition of Advanced World Transport (AWT) by...

Perspective
15 January 2016

Bank club signs ONDD-backed Ghana port deal

Five European banks have teamed together to fund a ‎€174.4 million ECA-backed loan agreement with Ghana Ports and Harbours Authority (GPHA) to fund the second, and final,...

Perspective
15 January 2016
in
Oil & gas

2016 – The year of monkey business

As we drive into 2016, some fundamental issues are hitting the market. This latest blog looks at shipping, oil, and Iran and assesses what influences they may be having...

News
15 January 2016

Scorpio Tankers upsizes ING Bank loan

Scorpio Tankers has upsized a loan facility with the Netherlands-based ING Bank. The $87 million credit facility will rise to $132.5 million.

News
15 January 2016

Clyde & Co MENA shipping and trade head moves to London

Irvine Marr, a partner at global law firm Clyde & Co, has moved to the firm's London office from its Middle East and North Africa (MENA) operations, where he...

News
15 January 2016

Trafigura expects lower rates in $4.28bn RCF refinancing

Commodities giant Trafigura is hopeful of seeing lower interest rates as it refinances a $4.275 billion revolving credit facility (RCF). The company expects the...

News
15 January 2016

US Ex-Im earned $432m last year despite closure

The Export-Import Bank of the United States (US Ex-Im) earned a profit of $432 million last year despite its lengthy closure. It operated for only nine months of the...

News
15 January 2016

France's Banque Palatine revamps trade finance system

Paris-based Banque Palatine is rolling out a new trade finance system, Allnett from Surecomp. Allnett makes the processing of letters of credit more efficient by...