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02 June 2016

EXIAR supports exports of high-tech products to Spain

The Russian Agency for Export Credit and Investment Insurance (EXIAR) provided insurance coverage to TransKapitalBank in the financing of high-tech exports by IntelMet...

02 June 2016

Uganda Development Bank to be recapitalised

The Uganda Development Bank is to be recapitalised to extend loans to manufacturers and farmers. It is hoped the move will quicken efforts to modernise agriculture and...

01 June 2016

BNDES to change entire board under new leadership

The whole of the board of Brazil's state development bank BNDES is set to be replaced under the country's interim government. The government is also looking to...

01 June 2016

Be top of the class at the School of ECA Finance

The School of ECA Finance takes place in Rome on June 6-8 and you need to book soon as there is only 1 place remaining. As part of the class of 2016, you will come...

01 June 2016

NDB to issue first yuan-denominated bonds

The Shanghai-based New Development Bank (NDB) - founded by Brazil, Russia, India, China and South Africa - is issuing its first yuan-denominated bonds and is set to...

01 June 2016

Finacity facilitates Bunge global trade receivables securitisation

US-based Finacity has facilitated the renewal and amendment of a $700 million global trade receivables securitisation programme for New York-headquartered agribusiness...

01 June 2016

Vitol: World's biggest energy trader emerges from the shadows

Ian Taylor, chief executive officer of Swiss-headquartered commodity giant Vitol, has broken cover to lobby against European Union plans to tighten regulation of...

01 June 2016

Standard Chartered and USAID boost Zambia’s power grid

Standard Chartered and the United States Agency for International Development (USAID) have agreed a $60 million term loan to Zambia's Electricity Supply...

01 June 2016

Questions over KDB and Kexim recapitalisation

The International Maritime Fund has questioned whether the Korea Development Bank (KDB) and the Export-Import Bank of Korea (Kexim) should be recapitalised to help the...

01 June 2016

EBRD and EU unite to help Georgia's SMEs

The European Bank for Reconstruction and Development (EBRD) and the European Union have joined forces to help small and medium-sized enterprises (SMEs) in Georgia take...

01 June 2016

Asia Pacific corporate payments: No improvement

More Asia-based companies are being hit by overdue payments, with levels either worse or the same last year as in 2014, insurer Coface claims. Construction, industrial...

01 June 2016

Markel hires senior trade credit underwriter in New York

Insurer Markel has hired Howard Lee as senior underwriter in its trade credit and political risk business in the US. Based in New York, his responsibilities include...

01 June 2016

Citi makes Morgan McKenney TTS cash management head

Morgan McKenney has been appointed head of cash management for Citigroup's treasury and trade solutions (TTS) business in Asia Pacific. She has been with Citi for 13...

01 June 2016

Small businesses are big winners with trade credit insurance

Almost £36 million was paid in insurance claims to small and medium-sized enterprises (SMEs) last year because of customer insolvency or late payment, according...

31 May 2016

SACE backs exports for Oman petrochemical project

SACE, Italy's export credit agency, has guaranteed an $840 million credit line to boost the export of Italian technology to Oman for the construction of the LIWA...

31 May 2016

FMO, Proparco, OeEB finance Costa Rica wind projects

Dutch development bank FMO, France's Proparco and OeEB of Austria have completed the $149 million financing of the Alisios Wind Projects in Costa Rica. FMO acted...

31 May 2016

Pedro Parente replaces Bendine as Petrobras CEO

Pedro Parente has been announced as the new chief executive officer (CEO) of Petrobras, Brazil's state-run oil company. He replaces Aldemir Bendine, whose...

31 May 2016

Green revolution coming for African agriculture

African agriculture is on the brink of a second green revolution which will see fundamental shifts in how the sector uses innovative technology to improve sustainable...

31 May 2016

Noble: CEO Alireza resigns, is replaced by co-CEOs

Yusuf Alireza has resigned as chief executive officer (CEO) of Hong Kong-based commodity trader Noble Group. The company announced that William Randall and Jeff Frase...

31 May 2016

Carbon Holdings seals OPIC financing deal

Carbon Holdings, the Egyptian oil and gas company, has secured an agreement with the US Overseas Private Investment Corporation (OPIC) to provide financing worth...

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