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25 January 2016

Indonesia wants $1bn AIIB funding for 4 projects

The Indonesian government has listed four projects to submit this year for a $1 billion loan from the Asian Infrastructure Investment Bank (AIIB). The projects include...

25 January 2016

Isbank goes live with Surecomp's trade finance system

Germany-based Isbank, the European arm of Turkish bank Turkiye Is Bankasi, has gone live with Surecomp's DOKA 5 trade finance system. The system "simplifies...

25 January 2016

Commodity finance: protecting rights of lender over borrower's insurance

Global law firm Reed Smith has issued a briefing on the features - as well as some pitfalls - associated with four types of insurance interest that might be obtained...

22 January 2016

EDC signs first Turkish loan guarantee

Canada's export credit agency Export Development Canada (EDC) has provided its first guarantee for a loan from international banks to a Turkish corporate last month.

22 January 2016

US to allow multilateral development bank loans to Argentina

The US is scrapping its policy of opposing most lending to Argentina from multilateral development banks. The policy had been in place since 2011 as part of a US...

22 January 2016

Graham Crozier appointed Coface chief executive in Australia

Credit insurer Coface has appointed Graham Crozier as chief executive of its branch in Australia. He replaces Paul McGahen, who is retiring.

22 January 2016

ANZ's international lending head Andrew Geczy is quitting

Andrew Geczy, the head of international and institutional lending business at Australia & New Zealand Banking Group (ANZ) will leave at the end of January. He is...

22 January 2016

IsDB signs environmental MoU with UN

The Islamic Development Bank (IsDB) and the United Nations Environment Programme have signed a memorandum of understanding (MoU) on environmental conservation.

22 January 2016

SACE credit line will boost trade with Turkish businesses

SACE, Italy's export credit agency, has backed a €40 million credit line to Turkish companies to help import Italian goods and services. The credit line was...

22 January 2016

Drought-hit Zimbabwe gets $200m Afreximbank loan to import maize

The African Export-Import Bank (Afreximbank) has agreed a $200 million loan to Zimbabwe to help the country import maize amid a drought. "We will be importing...

22 January 2016

IFC issues loan to Ameriabank to help businesses

The International Finance Corporation is providing a $50 million subordinated loan to Armenia's largest bank, Ameriabank. The loan will boost its capacity to lend...

22 January 2016

IADB loan and guarantee approvals hit $11bn in 2015

The Inter-American Development Bank (IADB) approved loans and guarantees worth $11.3 billion to countries in Latin America and the Caribbean during 2015.

22 January 2016

DS-Concept provides export facility to Indian textile firm

Global commercial finance company DS-Concept has provided a $1 million export accounts receivable facility to a family-owned home textiles manufacturer in India. The...

21 January 2016

ECAs: to be, or not to be?

In the wake of US Ex-Im's reauthorisation last month, TXF’s Ollie Gordon catches up with some of export finance’s most sagacious veterans for some honest, off-record...

21 January 2016

Revamped UKTI at centre of new drive to boost exports

A transformed UK Trade & Investment (UKTI) is to be at the centre of a new approach to boosting British exports. UKTI - which will also revamp its digital service...

21 January 2016

Kexim opens office in Colombo

The Export-Import Bank of Korea (Kexim) has opened an office in Colombo, Sri Lanka. The office will help Korean companies export and import and attract foreign...

21 January 2016

Project finance lawyer Gregory Smith joins DLA Piper

Project finance lawyer Gregory Smith has joined global law firm DLA Piper as a partner. He will be based at the group's Washington office in the US, focusing on...

21 January 2016

Enel seals project finance deal with Sinosure and Bank of China

Italian power company Enel has agreed a financing deal with Bank of China and Chinese export credit agency Sinosure. The five-year deal will see Bank of China provide...

21 January 2016

Thomas Cooper examines the end of Iran's sanctions

International law firm Thomas Cooper has examined the lifting of sanctions on Iran and what it means for countries and individuals.

21 January 2016

Commodity slump hits value of ADB's trade support

The value of trade supported by the Asian Development Bank's (ADB) trade finance programme dropped to $2.5 billion last year from $3.8 billion in 2014 because of...