The Asian Development Bank (ADB) and Asian Infrastructure Investment Bank (AIIB) agree that a bond market to help the private sector invest in infrastructure projects...

Marvin Taylor-Dormond has been appointed Asian Development Bank's (ADB) new director-general (DG) of independent evaluation. He succeeds Vinod Thomas, who retired...

Kuwait National Petroleum Company's (KNPC) $5 billion loan to finance its Clean Fuels project - backed by British, Dutch, Italian and South Korea export credit...

Commodity houses have seen a difficult year for trading as a prolonged slump in prices without the contango opportunities that existed in 2015 has seen them look to find...

Debt structures for nuclear power plants could evolve beyond government-to-government funding.

Credit-insurance broker AU Group and PhillipCapital have formed joint venture AU Group Asia, led by Gerald Lim. It has opened a subsidiary in Singapore, led by former...

US business services group Dun & Bradstreet is launching a service built on the Ethereum blockchain platform to confirm trade finance transactions faster than...

The Eastern and Southern African Trade and Development Bank (PTA Bank) has sealed a $400 million syndicated term loan facility. It will partly be used for trade...

Global law firm Hogan Lovells and China's Fidelity have entered into a formal association in the Shanghai Free Trade Zone (FTZ).

The Russian Agency for Export Credit and Investment Insurance (EXIAR) has supported projects with Belarus with financing worth about $3.5 billion over five years - and...

The US has eased sanctions against Cuba to allow some non-American flag vessels to call at US ports even if they have loaded or unloaded in Cuba within the past 180...

European growth would be hit by about -0.5 points if it suffered another political shock on the same scale as the Brexit vote, insurer Coface said. The impact would be...

Rebecca Mackenzie has joined Trade Finance Solutions as senior credit director at its London office. She has previously worked at PNC Financial Services UK and Societe...

The UN’s Green Climate Fund (GCF) has been urged by a letter from 92 NGOs to blacklist coal-funding ECAs from its funds. However, one market observer says ECAs should not...

The world’s second largest continent faces vast challenges in accessing trade financing with SMEs particularly affected by a vastly increased trade financing gap,...

Insurer Everest Re Group has hired Michael Gil, CFA, to its credit and political risk team. He will be based in the company's New York office.

Russia's Rosneft and a consortium of Swiss-based Trafigura and United Capital Partners have bought a 98% stake in Indian refinery unit Essar Oil from Essar Group...

Gungor Taner has joined BNY Mellon in Germany as vice-president of sales and relationship management. He joins from Royal Bank of Scotland.

GIEK, Norway's export credit agency, says its guarantee liability stood at NOK 92.2 billion by mid-year 2016, compared to NOK 100.2 billion at the end of 2015.

Five operational wind projects in England have been refinanced, with Netherlands-based ING providing a £55 million long-term debt facility to a fund managed by...