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23 July 2014

Trafigura launches Asia-focused RCF and loan package

Commodity trader Trafigura Beheer has launched a $1.3 billion equivalent revolving credit and term loan facilities. The facilities are Asia-focused.

23 July 2014

EDC finances Pacific Rubiales Energy

Canada’s export credit agency, Export Development Canada (EDC), has signed to provide financing of $70 million to Canadian company Pacific Rubiales Energy Corporation.

23 July 2014

ANZ beefs up its European export finance team

ANZ has strengthened its European export finance team with the promotion of Craig Jones as director, project & export finance, Europe & America, international and...

22 July 2014

Scorpio Bulkers secures loans from European banks

New York and Monaco-headquartered Scorpio Bulkers has received a commitment for a $540 million loan from two leading European financial institutions.

22 July 2014

Six more banks banks join SWIFT’s KYC Registry

Six more global banks have signed up to jointly develop SWIFT’s Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of...

22 July 2014

Sace guarantees BNPP loan for Angolan motorway

The Italian export credit agency Sace has guaranteed a €164 million ($220.8 million) loan in favour of the Angolan Ministry of Finance which finances the last section of...

22 July 2014

Fewer accounts, greater benefits

The Single Euro Payments Area (SEPA) can ease the transaction processes of increasingly global trade flows, but to realise its full potential further innovation is...

22 July 2014

BPOs: digital efficiency without the risk

The best of both worlds or a short-lived trend? Bank Payment Obligations offer a compromise between the sluggishness of letters of credit and the risks of open account...

21 July 2014

EXIAR insures Promsvyazbank's export financing to Belarus

Russia’s export credit agency, the Russian Agency for Export Credit and Investment Insurance (EXIAR), and Promsvyazbank have signed a confirmed letter of credit insurance...

21 July 2014

Natixis teams with IFC and Standard Bank to fund Ethiopian imports of oil products

In a transaction arranged and led by Natixis, the bank has teamed with IFC and Standard Bank to put in place a $500 million trade finance facility, to finance Ethiopia’s...

21 July 2014

Sri Lanka and Uzbekistan benefit from ADB energy loans

Sri Lanka and Uzbekistan have each received a $300 million loan from the Asian Development Bank (ADB) dedicated to energy projects.

21 July 2014

NBAD looks to energy sector expansion with new appointment

The National Bank of Abu Dhabi (NBAD) is looking to expand its operations in the energy and resources sector, and has appointed Marc Mollema as the managing director and...

21 July 2014

Nordea goes live with Surecomp’s trade finance front-end solution

Nordea has gone live in Frankfurt and London with the stand-alone version of allNETT, Surecomp's web-based trade finance front-end solution.

21 July 2014

IFC and Bladex team for LatAm commodity finance

IFC and Banco Latinoamericano de Comercio Exterior (Bladex) have signed a risk-sharing facility of up to $350 million to expand access to trade finance for agribusinesses...

21 July 2014

EBRD arranges A/B loan for Turkey’s Ford Otosan

The European Bank for Reconstruction and Development (EBRD) is providing a €140 million ($188.6 million) loan to leading Turkish commercial vehicle maker Ford Otomotiv...

17 July 2014

Full house for close of highly successful Fin4Ag Nairobi conference

“One of the highlights of a successful conference is often how many people are left at the end. And this room is full!” declares Michael Hailu, director, Technical Centre...

17 July 2014

African agriculture – a world-beating business within 20 years

African agriculture stands at a crossroads and it alone is responsible for taking the right path. The sector has the potential to become a world beater within two...

17 July 2014

Agricultural Investment Funds target Africa

The number of Agricultural Investment Funds (AIFs) has increased significantly over the past decade, alongside an increase in the world’s population and food demand....

17 July 2014

Rosneft, VEB, Gazprombank and Novatek hit by new sanctions

US and EU make new announcements on the Russia-Ukraine crisis with further impact on trade

17 July 2014

Crowdfunding is springboard for bank customers of tomorrow

Crowdfunding has the potential to turn smallholder farmers into the bank customers of tomorrow, helping them grow to the stage at which they are able to tap traditional...