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25 April 2017

Maybank to lend 35% more to retail SMEs, including trade finance

Malaysia's Maybank expects to expand its loan portfolio for retail SMEs to MYR16.8 billion by the end of this year, partly driven by the provision of trade finance....

25 April 2017

Exporting dream stalls over $800m Morupule B guarantee

Japanese contractor Marubeni and South Korean Posco Energy have suspended the building of units 5 and 6 in a dispute over at a sovereign guarantee for the power...

25 April 2017

Salt River and NextEra ink PPA for Pinal Central solar and battery project

The Arizona state-owned Utility Salt River Project has signed the 20-year agreement for the NextEra Energy Resources project located near Coolidge. Pinal Central Energy...

25 April 2017

Acciona secures €100m green loan for Chilean renewable projects

The Spanish developer has secured the funding from Bilbao-headquartered BBVA to progress solar and wind projects in South America. Vigeo Eiris will provide...

25 April 2017

AfDB independent review of 125MW Sendou power project

The African Development Bank (AfDB) is to reappraise its involvement in the €206 million coal-fired power plant as two groups of complainants raise issues by...

25 April 2017

Ivory Coast joins the African Trade Insurance Agency

The Ivory Coast has become the latest country to join the African Trade Insurance Agency. The move is part of the government's strategy to attract more investments...

25 April 2017

Perfect 10 NWK Agri Services: Cottoning on to pre-export finance - a TXF commodity finance Deal of the Year

In a rare soft commodity pre-export financing, Rabobank and Zanaco structured a deal to extend the reach of the supply chain and meet the working capital needs of Zambian...

25 April 2017

Ince & Co reveals Beijing, London, Shanghai partner promotions

Ince & Co has announced three partner promotions. In Beijing, Fei Mao focuses on general commercial litigation and arbitration, with an emphasis on aviation,...

25 April 2017

ADB lending hits record high of $31bn in its 50th year

The Asian Development Bank (ADB) last year exceeded the $30 billion mark in its annual operations for the first time in its 50-year history. It represented an 18% rise...

25 April 2017

US Ex-Im's (welcome) comeback

With new board members named, the Export-Import Bank of the United States is set to come back online in 2017. Ishka looks at how the aviation finance market has managed...

25 April 2017

Olam marks World Malaria Day 2017

Olam is marking World Malaria Day with the continued roll out of the Olam Healthy Living Campaign, which is designed to help combat the disease at the community level....

25 April 2017

MDBs to work together to boost private sector infra investment

Leading multilateral development banks (MDBs), including the African Development Bank, Asian Development Bank, and Asian Infrastructure Investment Bank, have agreed to...

25 April 2017

Abubakar Abba Bello is new NEXIM MD

Abubakar Abba Bello has been appointed as the new managing director of the Nigeria Export-Import Bank (NEXIM). He will take over from Bashir Mahe Wali, who has been...

25 April 2017

German and Swedish ECAs to join Yamal LNG financing

German and Swedish export credit agencies (ECAs) will take part in the financing of the Yamal LNG project, Russian natural gas producer Novatek said.

25 April 2017

Garanti Bank Romania implements Allevo’s open source solution

Garanti Bank Romania has selected FinTP, Allevo's open source solution to connect to SWIFTNet, to ensure compliance to SEPA standards and regulations.

24 April 2017

Opportunity of the day: Zhejiang Hengyi open to international banks for $3.45bn Brunei refinery project

Zhejiang Hengyi Group is open to international banks for its mega petrochemical refinery project in Brunei after securing some funding from China Development Bank,...

24 April 2017

UKEF doubles export-import facility to the Philippines.

The UK government has increased the UK Export Finance capacity to support trade with the Philippines to £4.5 billion. Current levels of trade are roughly...

24 April 2017

Belgium threatens to withdraw offshore wind concessions

A government minister has indicated that three in-development projects may have their permissions revoked due to the level of public subsidy.  The North Sea projects...

24 April 2017

APICORP estimates MENA power investment requirements

The development bank's report ‘MENA power investment: Finance and reform challenges persist’ outlines the GCC spending requirements to meet medium-term...

24 April 2017

Muzaffargarh and Rahim yaar khan coal-fired projects to be dropped from CPEC

It is looking increasingly likely that the two 1320MW power plants will be removed from the China Pakistan Economic Corridor portfolio of projects despite hard lobbying...