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
The opportunities are there, but trade banks need to fully understand investors before they can sell to them
The export credit agencies of Mexico and Italy, Banco Nacional de Comercio Exterior (Bancomext) and Sace respectively, have signed a cooperation agreement aimed at...
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...
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...
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...
The Asian Development Bank (ADB) and Standard Chartered Bank (StanChart) have signed a cooperation agreement to support supply chain financing in Asia It is the first...
Jordan’s second largest commercial bank, the Housing Bank for Trade and Finance (HBTF), has secured a $50 million loan from the Export-Import Bank of Korea (Kexim).
The New York office of ING Capital has closed a US Export-Import Bank (US Ex-IM) backed and junior loan financing for MIAT Mongolian Airlines> The proceeds will refinance...
Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has appointed Genevieve Ahinful as senior underwriter. Ahinful has had a...
Russian shipping company Sovcomflot (SCF Group) has signed a new $316 million credit facility for the purchase of two new ice-class LNG (liquefied natural gas)...
BBVA has arranged two loans for Enel Green Power (EGP) in Mexico and in Chile in separate loan agreements each valued at $150 million. In the first instance, the bank...
US insurers will be able to invest into pools of trade receivables, via a new offering from Conning, the asset management services company.
Korean agencies the Export-Import Bank of Korea (Kexim) and K-sure have combined with the Norwegian Guarantee Institute for Export Credits (GIEK) to provide financing for...
KfW IPEX-Bank has closed the first two transactions under a new three aircraft bilateral financing facility for Nordic Aviation Capital (NAC).
Russia’s Vnesheconombank VEB has signed a credit agreement with Belvnesheconombank (Bank BelVEB) of Belarus to facilitate the export of engines and related...
Italy’s Enel Green Power (EGP), acting through its subsidiary Enel Green Power International (“EGPI”), has signed a €100 million ($136 million) loan agreement with Citi...
Russia’s VTB Bank has announced that it arranged deals worth more than $4 billion in 2013 as part of a drive to develop its international trade and export finance...
Russian mineral fertiliser producer Uralchem OJSC has secured a new mega-loan amounting to $4.5 billion. A major part of the loan will be used to pay for the purchase...
Russia’s Sberbank Corporate & Investment Banking (Sberbank CIB) has reported a record number of trade finance and documentary operations (TF&DO) implemented for the...
Further to our earlier report on the financing secured for the Lukoil Neftochim Burgas (LNB) in Bulgaria, the financing parties involved have today issued a formal press...