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22 January 2014

MSFL leases Bombardier jets using EDC financing

Asia’s leading business aircraft leasing company, Minsheng Financial Leasing (MSFL), has received a $210 million loan from Canada’s export credit agency, Export...

22 January 2014

StanChart and Finnvera combine for loans to Indonesia’s PLN

Standard Chartered (StanChart) has arranged two loans totalling €160 million ($215 million) for Perusahaan Listrik Negara (PLN), Indonesia’s national electricity company,...

20 January 2014

Wilmar mandates banks for RCF syndication

Singapore-headquartered agri-group Wilmar International has mandated the banks for the launch of its new $1.75 billion revolving credit facility (RCF) syndication.

20 January 2014

Basel Committee issue amendments to leverage ratio framework

The Basel Committee has issued changes to the Basel III regulatory framework’s leverage ratio structure and disclosure requirements, following a consultation process on...

20 January 2014

AfrAsia secures loan from Afreximbank

The African Export-Import Bank (Afreximbank) and Mauritius-based AfrAsia Holdings Limited have signed a term sheet for a $10 million facility. The funds will be made...

17 January 2014

StanChart signs loan for agri-development in Vietnam

Standard Chartered (StanChart) Vietnam has signed a $70 million trade facility agreement with An Giang Plant Protection (AGPPS) to allow the agricultural business to...

17 January 2014

State Bank of India signs credit line with Kexim

The State Bank of India (SBI) has signed a $200 million loan agreement with the Export- Import Bank of Korea (Kexim).

17 January 2014

Russia’s PhosAgro signs ECA-backed credit line

Russian fertiliser production company, PhosAgro, has signed a $440.6 million loan package with an international group of banks, supported by the Japanese agencies Japan...

17 January 2014

Henri d'Ambrieres takes up advisory role at ICC

Henri d'Ambrieres, the former global head of export finance at Crédit Agricole, has joined the International Chamber of Commerce (ICC) as a technical expert advising on...

16 January 2014

Euler Hermes expands Singapore trade team and services

Euler Hermes is expanding its services in Asia-Pacific with the addition of a specialised single risk and political risk insurance team based in Singapore.

16 January 2014

HSBC initiates RMB cross-border sweeping for Dover Corporation

HSBC China has initiated renminbi (RMB) two-way cross-border sweeping for businesses in the pilot Shanghai free trade zone (FTZ), with industrial manufacturer Dover being...

16 January 2014
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Agri/Soft Commodities, Infrastructure, Manufacturing & equipment, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

EBRD leads refinancing for Hungarian gas storage facility

The European Bank for Reconstruction and Development (EBRD) has led the refinancing of a strategic Hungarian gas storage facility, after majority stakeholder MOL sold its...

16 January 2014

UOB hires Jim Liddell as corporate banking SVP

The Singapore-based United Overseas Bank (UOB) has appointed Jim Liddell, former vice president of trade finance at Scotiabank (and occasional TXF contributor), as its...

15 January 2014

KfW and NordLB finance Siemens power units to South Korea

KfW IPEX-Bank and NordLB have teamed to structure export credit agency-backed financing of €194 million ($263.7 million) to finance German power plants to South Korea.

15 January 2014

Former Atradius MD Johan Schrijver founds consultancy

Johan Schrijver, the former managing director of the Dutch export credit agency Atradius, has set up a new consultancy, Schrijver & Partners, to advise businesses and...

15 January 2014

Trade finance: A new multi-billion dollar fixed income asset class

The opportunities are there, but trade banks need to fully understand investors before they can sell to them

14 January 2014

Bancomext and Sace sign cooperation pact

The export credit agencies of Mexico and Italy, Banco Nacional de Comercio Exterior (Bancomext) and Sace respectively, have signed a cooperation agreement aimed at...

13 January 2014

Nexi provides credit insurance for export of bulk carrier

Japan’s Nippon Export and Investment Insurance (Nexi) has provided a $12.3 million buyer’s credit insurance on loans extended to Bahama-based African Kite Shipping. The...

13 January 2014

NBAD appoints head of trade finance in Paris

Christophe Kloeti has been appointed head of trade finance in Paris by the National Bank of Abu Dhabi (NBAD). The move signals the expansion of the bank’s international...

10 January 2014

Craig Weeks joins insurance broker IRIA to head US arm

Geneva-headquartered trade insurance brokerage IRIA SA has hired highly experienced ex-banker Craig Weeks to head up their North American office. He is based in the IRIA...