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Perspective
04 December 2013

GE Hungary exports to Russia get Sberbank and Mehib backing

Russia’s Sberbank has signed its first export credit transaction with the Export-Import Bank of Hungary (Hungarian Exim), allowing for the export of...

Perspective
03 December 2013

Gazprom-Neft signs mega club loan

Russian oil exploration and producing company, Gazprom-Neft, has signed a $2.15 billion club term facility agreement with a group of international banks. The heavily...

Transmission
03 December 2013

Risk, regulation and alternative funding sources: Geoff Wynne on trade finance in 2014

Another chance to see Geoff Wynne's lecture on trends in trade finance

Perspective
03 December 2013

Gazprombank finances PDVSA Venezuelan JV

Russia’s Gazprombank has agreed to provide financing to an oil producing joint venture with Petróleos de Venezuela (PDVSA), the state-owned Venezuelan oil and natural gas...

Perspective
03 December 2013

Kexim provides first ship bond to help local firms

The Export-Import Bank of Korea (Kexim) has agreed to provide a ship bond guarantee to help ship financing to a local shipping company - Sinokor Petrochemical. This is...

Perspective
03 December 2013

US Ex-Im appoints chief risk officer

The Export-Import Bank of the United States (US Ex-Im) has appointed Charles J ‘CJ’ Hall as executive vice president and chief risk officer. He has 35 years of...

Perspective
02 December 2013

Proparco signs loan with pan-African Ecobank

French-headquartered development finance institution Proparco has signed a $50 million loan with the pan-Aafrican banking group Ecobank. The loan was signed with...

Perspective
02 December 2013

Natixis expands presence in Asia-Pacific with new hires

French bank Natixis is expanding its presence in Asia-Pacific with two new hires for its regional banking platform within trade and treasury. Yuri Lin has been appointed...

Perspective
02 December 2013

StanChart and AgBC collaborate for renminbi clearing

Standard Chartered Bank (StandChart) and Agricultural Bank of China Limited (AgBC) have signed an agreement to collaborate to provide renminbi (RMB) clearing services in...

Perspective
02 December 2013

JB's weekly round-up - 2 December 2013

Last week, TXF held its first Short-Term Trade & Supply Chain Finance event in Munich – and a humdinger of an event it was too. I learned masses of stuff - and I’m sure...

Perspective
02 December 2013

ACWA Power signs financing for Rabigh 2 project

A consortium led by ACWA Power International has signed the financing agreements for the 2060MW Rabigh 2 independent power project (R2IPP) power project in Saudi Arabia.

Perspective
02 December 2013

BAML launches new trade products for Brazil

Bank of America Merrill Lynch (BAML) has launched new transaction service capabilities for clients doing business in Brazil. The products are designed to help companies...

Perspective
02 December 2013

Photos from TXF Munich

View pictures from the recent Short-term Trade and Supply Chain Finance in 2013 conference in Munich

Perspective
02 December 2013

EIB provides loan to Enel for Romanian wind power

The European Investment Bank (EIB) and Enel Green Power International, the financial and controlling holding company of international subsidiaries of the Enel Green Power...

Perspective
29 November 2013

Agencies back Jordanian Tafila wind farm project

Development finance institutions (DFIs) have teamed to provide financing support amounting to $220 million for the first large-scale renewable energy IPP in Jordan, the...

Perspective
29 November 2013

Indonesia’s Pelindo gets financing for Konecrane imports

Indonesian state-owned port operator PT Pelabuhan Indonesia III (Pelindo III) has secured export credit agency-backed financing for the purchase of shipyard cranes from...

Perspective
29 November 2013

The promise of greater automation excites trade community

In a recent poll taken at the TXF Short-Term Trade and Supply Chain Finance conference in Munich, participants were most excited by automation in the sector, saw BPO as...

Perspective
29 November 2013

Gilles Sayer joins Essar group

Structured commodity financier Gilles Sayer has joined Essar as managing director of Peak Trading Overseas, a wholly-owned subsidiary of Essar Global Fund. In this...

Perspective
29 November 2013

Italy’s Sace opens Mexico City office

Italian export credit agency (ECA) and insurance and financial group Sace, has opened a representative office in Mexico City. The ECA says that the move comes about due...

Perspective
28 November 2013

Mechel receives first tranche for the Elga coal complex

Russian mining and metals company Mechel, has received the first tranche of the project financing for the Elga Coal Complex’s first stage of development. The company is...