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23 March 2016

UKEF and Sinosure agree to increase exports

Export credit agencies UK Export Finance (UKEF) and the China Export & Credit Insurance Corporation (Sinosure) have agreed a deal to increase exports.

23 March 2016

Spain's struggling Abengoa raises emergency loans

Spanish energy and engineering company Abengoa has brought in €137 million in emergency loans ahead of talks to avoid bankruptcy. The company is struggling with...

23 March 2016

SACE deal to boost companies abroad

Italian export credit agency SACE and Iccrea BancaImpresa have agreed a deal to provide €150 million in new loans to customer companies of Banche di Credito...

23 March 2016

Hellenic Bank joins EBRD Trade Facilitation Programme

The European Bank for Reconstruction and Development (EBRD) has agreed a €20 million trade facility with Cyprus's Hellenic Bank to help the country's...

23 March 2016

EFIC: Service exports to China and India could be next boom

Australian service exports to India and China are set to be boosted as investment in industrial and construction gives way to a need for expertise, according to Export...

23 March 2016

AKBank signs syndicated loan for trade finance

Turkey's AKBank has sealed a 367-day, dual-tranche syndicated loan agreement of $370.4 million. The loan will be used for trade finance purposes.

22 March 2016

Indonesia taps Japan for clean coal technology

Japan continues to dominate the clean coal energy market with a $326.6 million co-financing of the Lontar thermal power station run by Indonesia’s state-owned energy...

22 March 2016
in
Oil & gas

DOF Brasil swims against tide for Norwegian export credit

Despite the fall in crude oil prices having taken its toll on demand for offshore vessels over the past year, DOF Brasil recently signed a loan agreement with Norway’s...

22 March 2016

Zambia eyes CCTV project after Kexim loan

The Export-Import Bank of Korea (Kexim) has agreed to lend Zambia's government $41.5 million for a CCTV project in the capital Lusaka. The loan has a repayment...

22 March 2016

EBRD loan supports Carrefour's expansion in Georgia

The European Bank for Reconstruction and Development (EBRD) has extended a $39.5 million loan to the Georgian subsidiaries of Carrefour supermarkets to help boost...

22 March 2016

Tungsten rejects former CEO's plans to restructure

London-based global e-invoicing firm Tungsten has dismissed proposals by former chief executive officer Edmund Truell to restructure the business as "universally...

22 March 2016

Noble's Elman evokes Churchill amid recovery

Richard Elman, founder and chairman of Hong Kong-based trader Noble Group, warns it is impossible to tell when raw material markets are turning. He evoked Winston...

22 March 2016

AIIB to showcase Russian project opportunities

The Asian Infrastructure Investment Bank (AIIB) is to hold a presentation on its possibilities for Russian companies - focusing on projects within the energy, water...

22 March 2016

KNPC close to $3bn loan to fund refineries revamp

The Kuwait National Petroleum Company (KNPC) expects to close the first phase of funding for its Clean Fuels Project by the first week of April. Negotiations are also...

22 March 2016

New Development Bank looks to fill top posts

The New Development Bank, established by Brazil, Russia, India, China and South Africa, is looking to fill top management positions. The bank is looking to boost its...

22 March 2016

Commodity prices: HSBC answers investors' questions

HSBC answers investors' most common questions about the commodities sector, including whether oil can recover from its slump and where US LNG exports leave...

22 March 2016

Lundin Petroleum secures further bank financing

Swedish oil producer Lundin Petroleum has entered into a short-term revolving credit facility of $300 million and received additional commitments of $135 million under...

22 March 2016

EXIAR insures construction of Indian nuclear power plant

The Russian Agency for Export Credit and Investment Insurance (EXIAR) and the country's VTB Bank have sealed a credit insurance policy for nuclear power equipment...

22 March 2016

Petrobras posts record quarterly loss of $10.2bn

Brazil's state-run oil group Petrobras has posted its biggest ever quarterly loss of $10.2 billion amid the slump in oil prices. The company is currently at the...

22 March 2016

HFW boosts aviation practice with asset finance team in Asia

Law firm Holman Fenwick Willan (HFW) has boosted its international aviation practice with the recruitment of asset finance partners David Brotherton and Justin Sun....