African banks are taking the lead in financing the continent’s farmers, traders and soft commodities. With more local money in the system, they are also reaching further...

Singaporean shipping company Pacific International Lines has utilised Bolero’s cloud platform technology for an electronic bill of lading (eBL) as part of a BHP Billiton...

VTB Factoring and Gazprom Energoholding have completed a factoring transaction worth RUB13 billion ($366.2 million). The arrangement is believed to be the largest...

The Multilateral Investment Guarantee Agency (MIGA) the political risk insurance and credit enhancement arm of the World Bank Group has agreed to support three power...

Global trade grew by 3.1% in 2013, in line with world GDP, although improvements across the globe were uneven and bore signs of deceleration, according to the latest data...

Ma’aden Wa’ad Al-Shamal Phosphate Company (MWSPC), an affiliate of the Saudi Arabian Mining Company (Maaden) has signed loan facilities for a total of SR18.9 billion ($5...

Gazprom Export has appointed Elena Burmistrova as its new director general. Burmistrova started her career at Glencore International (Switzerland) in 1992, then worked...

KfW IPEX-Bank has arranged a total of C$206.8 million ($194.5 million) through two loan packages to finance the Témiscouata I and Témiscouata II wind farms in Québec,...

Now in its 21st year, the annual pre-export financing of Ghana’s cocoa harvest is an example of how African agriculture really can attract big international banks – and...

India’s microfinance industry has been through the mill in recent years. One microfinance institution (MFI) that has also faced its share of problems – but has weathered...

Agriculture forms the backbone of many economies in the Pacific Islands. Despite their geographic remoteness, a handful of islands are quietly building burgeoning export...

As of July, insurance company Markel Corporation will begin underwriting trade credit insurance in its New York office. Policies will be underwritten on an admitted...

Saudi Arabian telecommunications company Mobily has signed a $200 million (SR750 million) long-term vendor financing agreement with Canada’s export credit agency Export...

The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, is to provide insurance for a loan...

Swiss-headquartered, energy trading company Mercuria Energy has signeda $2.65 billion revolving credit facility (RCF), with the oversubscription on the initial launch...

As the most extensive urban metro system in the Caribbean and only the second in existence, Santo Domingo’s Metro is an ambitious programme to modernise transport...

Finnish export credit agency (ECA), Finnvera, has announced that in future it will have better possibilities to participate in the export-related financing arrangements...

Russian aluminium producer Rusal reports that it has made significant progress in reaching full agreement with its creditor group over the terms of refinancing of its...

TXF talks to Kah Chye Tan, chairman of the ICC Banking Commission, on the results and meaning of the industry group’s latest trade finance default survey.

An aggressive ramping up of export credit activity by major ECAs and the increasing participation by non-OECD members in the financing space traditionally occupied by the...