The Export-Import Bank of Korea has provided a $12.8 million Economic Development Cooperation Fund for Jordan to help fund the country's research reactor...

US-based independent energy company Halcón Resources has revealed its borrowing base under its senior secured revolving credit facility remained unchanged at...

Commodities giant Glencore is shrinking its $18 billion inventory profile in a bid to allay concerns about its debt, it is claimed. The Swiss-based trader has vowed to...

Geneva is hoping to bolster its position as the global hub for commodity-trade finance by forging closer ties with China after the industry was roiled by a US...

The Chinese RMB has dropped one place to fifth in the ranking of currencies for international payments by value. The RMB accounted for 2.45% of global payments in...

Singapore-headquartered, agri-commodity trader, ~Olam International^, has signed a revolving credit and term loan facility amounting to $1 billion. The facilities...

The export finance community in Asia was, as ever, bullish on growth forecasts for the year ahead. A poll of delegates taken at the TXF Asia Export and Agency Finance...

Korea Development Bank (KDB), the main creditor of troubled Daewoo Shipbuilding & Marine Engineering Co, said on Thursday it wants to sell its controlling stake in...

Export Development Canada (EDC), the country's export credit agency, has opened a permanent representation in Johannesburg. Commodities, infrastructure and...

The Export-Import Bank of Korea and the Kuwait Petroleum Corporation (KPC) have signed a $5 billion memorandum of understanding. The export credit agency will finance...

The Export-Import Bank of China has signed a $1 billion, three-year memorandum of understanding (MoU) with the Netherlands-based ING Bank. The deal aims to increase...

Australia and New Zealand Banking Group (ANZ) is reducing its trade finance business in Asia in a bid to protect margins and boost returns. The lender reported its...

Japan's Bank of Tokyo-Mitsubishi UFJ (BTMU) has launched an Islamic finance business in Dubai to focus on sharia-compliant loan syndications with later plans to...

UK government-backed initiative Open to Export is further accelerating the ambitions of SMEs who are seeking to export via a new online service that produces a focused...

The International Finance Corp (IFC), a member of the World Bank Group, has signed a $1.2 billion risk-sharing facility with Citigroup (Citi) to help stimulate trade...

The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, along with Seven Energy...

International Finance Corporation (IFC) and Citi have signed a $1.2 billion risk-sharing facility to help stimulate the growth of trade in emerging markets and to support...

Iran is set to join the New Development Bank - formerly known as BRICS - in a bid to increase ties with members Brazil, Russia, India, China and South Africa. Tehran...

The US has crafted a deal with Japan to restrict financing for overseas coal projects. The agreement, which could curtail 80% of projects in the export credit agency...

The European Commission is reviewing whether Swiss-based commodity trader Trafigura's 20% stake in Nyrstar gives it "de facto" control of Europe's...