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News
28 July 2015

Vietnam Bank for Agriculture and Rural Development joins SWIFT's KYC Registry

SWIFT today announced that Vietnam Bank for Agriculture and Rural Development has joined the Know Your Customer (KYC) Registry, a centralised repository that maintains...

News
28 July 2015

Fundbird platform launches for SME funding

Online platform Fundbird has launched in the UK on Monday to match SMEs with funding. Backed by fintech angel investors including Yuval Tal, founder of...

News
28 July 2015

Dissolving the US Ex-Im Bank will hurt US-Africa relations

The future of the Export-Import Bank of the United States (US Ex-Im Bank) is uncertain. If it is to be dissolved, the bank's expiration will hurt US economic...

News
28 July 2015

EBRD arranges $300m loan for Kazakh railways

The European Bank for Reconstruction and Development (EBRD) and a group of international commercial banks are providing a syndicated financing package of $300m in...

News
28 July 2015

HSBC names Eddie Norton head of PCM Europe

HSBC has appointed Eddie Norton as head of payments and cash management (PCM) for Europe. He joins HSBC PCM Europe from his role as Head of Commercial Banking in Latin...

Perspective
28 July 2015
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Oil & gas, Power, Renewables, Transport

JB's Industry Blog: 24 July 2015

TXF held its Africa afternoon conference last week with more than 80 guests joining to discuss CAPEX, ECA and Project Finance in Africa. We approached the topics from a...

News
27 July 2015

SACE and Technip to finance expansion of Egyptian MIDOR refinery

Technip Italy and SACE announced the finalization of a joint agreement with Midor (Middle East Oil Refinery) for a project to modernize and expand the MIDOR refinery...

News
27 July 2015

US Senate resurrection of US Ex-Im Bank goes to divided house

The US Senate voted on Sunday to resurrect the Export-Import Bank of the United States (US Ex-Im Bank), handing the Republican Party’s most conservative wing a...

News
27 July 2015

SMBC and its Brazilian subsidiary sign MoU with APD

Sumitomo Mitsui Banking Corporation (SMBC) announced today that its Brazilian subsidiary, Banco Sumitomo Mitsui Brasileiro (SMBCB) and itself have signed a memorandum...

News
27 July 2015

$200m ADB loan to help India's Axis Bank finance smallholder farmers

The Asian Development Bank (ADB) has signed a $200m loan with Axis Bank to extend finance to low-income smallholder farmers in India.

News
27 July 2015

Myanmar customs to develop new scheme for faster import, export of goods

The Asian Development Bank (ADB) is supporting the Myanmar customs department in developing its Authorized Economic Operators (AEO) scheme, a new system that will...

Perspective
27 July 2015

Gunvor Singapore increases annual RCF through accordion structure

Gunvor Singapore, the wholly-owned subsidiary of the international commodity trading company, Gunvor Group, has increased its $911.7 million syndicated revolving credit...

Perspective
24 July 2015

A better way to finance receivables

Corporates looking to offload their receivables currently face the laborious task of dismantling portfolios and selling them piecemeal to multiple buyers. Yet with banks,...

News
24 July 2015

US blacklists Singapore shipping firm over North Korea links

The US blacklisted Senat Shipping (Senat), a Singapore-based shipping firm, over allegations it is supporting illicit arms shipments to North Korea. Any assets the...

Perspective
23 July 2015

Akbank AG squeezes relationship banks on new refi

Akbank AG, the Frankfurt-based subsidiary of Turkey’s Akbank, today announced the closure of a $205 million-equivalent, dual-currency club loan. The one-year refinancing...

News
23 July 2015

Chris Dailey new co-chief executive of Trade Finance Partners

Trade Finance Partners, a London-based trade and supply chain finance business, has announced on Wednesday the appointment of Chris Dailey as Co-Chief Executive.

News
23 July 2015

DFSA grants DS-Concept Category-2 license

DS-Concept Intelligent Trade Finance (DS-Concept Factoring UAE) has been granted a Category-2 license by the Dubai Financial Services Authority (DFSA), which enables...

News
23 July 2015

Jordan approves $3bn agreement with Islamic Trade Finance Corporation

The Jordanian government approved the signing of a $3bn framework agreement on Wednesday. The deal aims to finance the import of basic goods and commodities including...

News
23 July 2015

Barclays names new Asia corporate bank head

Barclays has appointed Alexander Harrison as head of corporate banking for Asia Pacific - a new role for the bank as it moves to expand the business line in the...

News
23 July 2015

Afreximbank's Moody's rating improves

Moody's Investors Service announced on Wednesday that it has changed the African Export-Import Bank (Afreximbank)'s rating outlook on the Baa2 long-term issuer...