Vitol raises record credit to flout commodity fears
Vitol - the world's largest independent energy trader - has signed credit facilities worth a record $8 billion. The facilities, from 57 banks, were raised after...
Vitol - the world's largest independent energy trader - has signed credit facilities worth a record $8 billion. The facilities, from 57 banks, were raised after...
Satellite Industry Association President Tom Stroup has urged US Congress to re-authorize the Export-Import Bank of the United States. He said the country had missed out...
Singapore-based food trader Olam International says global supplies of coffee will shrink before the next crop in Brazil, the world's largest producer. Consumers have...
French bank Societe Generale has formed a new unit to advise on infrastructure projects in Australia, and appointed Marie Vinnell as director of the team. Vinnell will...
The Asian Development Bank’s Trade Finance Program (TFP) and Cooperative Bank (CB Bank) have sealed a deal for the TFP to give up to $12 million of guarantees a...
Oussama Abdel Rahman Kaissi has been appointed chief executive officer of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) - the...
Commodity trading house Vitol has signed syndicated revolving credit facilities (RCF) totalling $8 billion. The loans, being provided by a total of 57 banks, are the...
India’s newly-formed IDFC Bank has selected financial software company Misys as its preferred partner for its treasury and trade-related services. Under the agreement,...
The Chinese RMB has overtaken the Japanese Yen to enter the top four of world payment currencies with a record high share of 2.79% in global payments, SWIFT's RMB...
London-headquartered Standard Chartered has the greatest exposure among European banks to commodity traders, with $1.9 billion of syndicated loans, according to...
Credit insurer Atradius has chosen the financial solution provided by Bolero to efficiently process corporate transactions for corporate customers in its surety bonds...
More than 30 providers of supply chain finance (SCF) services, including banks and technology platforms, are participating in a unique experiment to directly compare...
Shares in embattled mining giant Glencore have jumped 17% following reports it was in talks to sell its agriculture business. The company's Hong Kong-listed shares...
The US, Japan and 10 other Pacific Rim nations have struck the largest trade pact in two decades, in a huge strategic and political victory for US President Barack...
After five years of negotiations, agreement has been reached today in Atlanta on the far-reaching Trans-Pacific Partnership (TPP) trade deal. The TPP – an agreement...
The Cairo-based African Export-Import Bank (Afreximbank) and the Development Bank of Rwanda (BRD) have signed a facility agreement for a $10 million Afreximbank line...
Shares in Swiss-headquartered commodity trader Glencore increased sharply amid reports that its board was open to offers for the company. Shares in London jumped by as...
Shipping company Hapag-Lloyd has signed a $372 million finance facility agreement with a syndicate of international banks backed by South Korean export credit agencies...
According to the International Chamber of Commerce (ICC) 2015 Global Survey of Trade Finance, SMEs are struggling to access finance despite playing a key role as both...
Danish export credit agency EKF has just issued guarantees worth almost DKK1.1 billion for two new biomass power plants in north-east England: Port Clarence in...