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26 February 2014

EBRD and Nordea fund Oil & Gas Systems upgrades

The European Bank for Reconstruction and Development (EBRD) has joined forces with Nordea Bank to support a €123 million ($170 million) modernisation of two manufacturing...

26 February 2014

Barclays appoints head of international and trade

Barclays Business has appointed Steve Childs as head of international and trade for business banking. He will be based in London, UK.

26 February 2014

Senegal agri-sector gets trade boost from IFC and BICIS

The IFC has launched a risk-sharing facility with Banque Internationale pour le Commerce et l’Industrie du Sénégal (BICIS) that will improve access to finance for the...

24 February 2014

Crédit du Maroc receives trade finance boost from EBRD

The European Bank for Reconstruction and Development has provided a boost to Morocco’s export and import community in the form of a $40 million trade finance line to...

24 February 2014

Mississippi Silicon to construct metal plant with KfW financing

Germany’s KfW IPEX-Bank (KfW) is providing a $109 million loan to Mississippi Silicon for the construction of a silicon metal manufacturing plant in the United States....

24 February 2014

Ray Zabarte joins RBS as head of trade services

The Royal Bank of Scotland (RBS) has expanded its global transaction services division, appointing Ray Zabarte as its new head of trade services. Zabarte, who was...

24 February 2014

Bunge revolver in syndication

Agricultural producer and trading company Bunge is in the market with a three year, $1.75 billion revolving credit facility (RCF).

21 February 2014

Euler Hermes to supply TCI for HSBC’s Malaysian clients

Euler Hermes has signed an agreement with HSBC as the exclusive supplier of trade credit insurance (TCI) products to HSBC commercial banking customers in Malaysia.

21 February 2014

IFC announces trade partner awards winners

The IFC has announced 25 financial institutions as its best partners in trade and supply chain finance for 2013. The presentations took place at the inaugural Global...

21 February 2014

US Ex-Im guarantees landmark Apple Bank aircraft loan to MSFL

The Export-Import Bank of the United States has guaranteed a $300 million loan by the Apple Bank for Savings to China’s Minsheng Financial Leasing (MSFL) for the purchase...

21 February 2014

Trafi signs to take stake in Chinese copper smelter

In a strategic move, commodity trader Trafigura together with Trafigura Investment (China) has signed an agreement to acquire a 30% equity stake in the Jinchuan Group's...

21 February 2014

IFC Lisbon gathering showcases success of programmes

With over 300 attendees at the IFC Global Trade Partners Meeting in Lisbon, Portugal over the past three days, the event demonstrates the success of the IFC’s various...

20 February 2014

NBE receives loan from EBRD to boost Egyptian trade

The National Bank of Egypt (NBE) has received the second half of a $100 million loan from the European Bank for Reconstruction and Development aimed at helping businesses...

20 February 2014

South Stream Transport places pipe order as line gathers momentum

South Stream Transport (SST) has placed an order for 75,000 12-metre pipes to be used in the construction of the South Stream pipeline in a sign of the project’s...

20 February 2014

ED&F Man launches RCF into syndication

UK-headquartered specialist agricultural trader and broker ED&F Man has launched its annual revolving credit facility (RCF) into general syndication.

20 February 2014

China’s Baoxin sets up RMB sweeping with StanChart

Chinese auto dealership Baoxin Auto Group has set up a non-quota-based renminbi (RMB) denominated two-way cross border sweeping transaction through Standard Chartered...

20 February 2014

Afreximbank signs loan with Nigeria’s Innoson

The African Export-Import Bank (Afreximbank) has signed a credit facility worth $20 million to Nigeria-based industrial company, Innoson Technical and Industrial Company...

19 February 2014

Crossflow Payments hires business development directors

Supply chain finance provider Crossflow Payments has strengthened its business development team with the appointment of Alistair Ward and Peter Renshaw as business...

19 February 2014

KfW provides JSW Steel with loan for site expansion

India’s largest steel company, JSW Steel, has received an export finance loan of approximately €15 million ($21 million) that will allow it to expand its production site...

19 February 2014

Keaton Energy secures financing facility from Investec

Keaton Energy, the South African coal mining and development company, has concluded a R350 million ($32 million) financing facility from Investec Bank, of which R300...