The US Overseas Private Investment Corporation (OPIC) and the Multilateral Investment Guarantee Agency (MIGA) have combined to provide a $350 million political risk...

Société Générale Corporate & Investment Banking (SG CIB) has launched Surecomp’s allTRA multi-entity Java trade finance system in Singapore.

Mizuho Bank Americas has bolstered its trade offering with the appointment of regional heads within the global trade finance division (GTFD) of the bank.

HSBC veteran Stuart Tait has been selected to take over as head of the bank’s global trade and receivables finance (GTRF) division, replacing James Emmett. Emmett will...

Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has opened an office in the Netherlands. The new office will be headed-up by Frank...

Allianz Global Corporate & Specialty (AGCS) has expanded its London team with the appointed of Hayden Baker as senior financial institutions (FI) underwriter, regional...

International law firm Norton Rose Fulbright has expanded its Paris banking and finance practice with the hiring of Janet Butterworth, as a partner.

Commodity trading group Glencore Xstrata (Glencore) has signed its annual revolving credit facilities for a total amount of $15.3 billion.

The European Bank for Reconstruction and Development (EBRD) has arranged a $65 million syndicated loan to its longstanding client, Wissol Petroleum Georgia (Wissol) to...

Steven Mayo has joined Siemens Financial Services (effective as of June 2nd), taking on a business development role supporting the company’s wind turbine operations.

Energy trader Gunvor Singapore has closed its $536.6 million syndicated Asian-related revolving credit facility (RCF), which was considerably oversubscribed having been...

In a landmark deal, Spanish wind turbine manufacturer Gamesa – which also has a presence in China, has become the first foreign original equipment manufacturer (OEM) to...

KfW IPEX-Bank has arranged a loan of over €600 million ($815.3 million) to finance the construction of a second cruise ship for Star Cruises/Genting Hong Kong, the...

The Japan Bank for International Cooperation has signed two buyer's credit agreements with JSW Steel Limited (JSW Steel) in India, each totaling up to ¥3 billion ($29.3...

Hong Kong headquartered Tai Chong Cheang Steamship Group (TCC Group) has secured financing amounting to $47.7 million to finance the purchase of two bulk carriers from...

One year on from the introduction of the ICC Uniform Rules on Bank Payment Obligation (URBPO), market adoption of the trade finance instrument has been fairly slow....

The Berne Union has appointed Kai Preugschat as its new secretary general, filling a gap at the head of the secretariat following Peter Jones’s retirement in November...

Italy’s export credit agency, Sace, has guaranteed a $100 million export credit issued by HSBC in favour of Orpic (Oman Oil Refineries and Petroleum Industries Company),...

Hesham Zakai talks with David Godfrey, chief executive officer of UK Export Finance, about the turnaround which the agency has undergone in the last five years.

TXF talks with several Asia-Pacific heads of export finance about trends and prospects for the business line in the region.