The Chinese renminbi this month dropped from the second to the third most active currency in trade finance, overtaken by the euro. The drop has resulted from a slowing...

Swiss-based commodity giant Glencore will next year reinstate a $1 billion dividend as coal and zinc prices rally to boost the trader's profits. The group said...

Moscow-headquartered Norilsk Nickel has started legal proceedings against Botswana-based BCL in a bid to recover $271.3 million the company claims it is owed in...

Germany's KfW IPEX-Bank and the Eastern and Southern African Trade and Development Bank (PTA Bank) have closed the financing of an Airbus A330-300 for Rwanda's...

Global law firm Watson Farley & Williams (WFW) has released its second briefing on Indonesian maritime asset issues. It looks to address further practical issues...

Standard Chartered (StanChart) has announced changes to its corporate finance group. The moves include Surya Bagchi, who led financing solutions, replacing Ravi Suri...

The Organisation of the Petroleum Exporting Countries (OPEC) has agreed to its first supply cut in eight years, sending the price of crude surging 10%. A cut of 1.2...

General Electric (GE), Trade Bank of Iraq, and Standard Chartered have signed a financing agreement to boost the development of power and infrastructure projects in...

The Export-Import Bank of China has agreed a loan to finance the 192km Kibwezi-Mutomo-Kitui road in Kenya. Chinese firm Sinohydro will carry out the work.

The Export-Import Bank of Thailand (Thailand Exim) has agreed a $14.10 million facility to support the country's SCI Electric Group's construction of power...

The European Bank for Reconstruction and Development (EBRD) and Multilateral Investment Guarantee Agency (MIGA) have developed an innovative risk-mitigation instrument...

The Multilateral Investment Guarantee Agency (MIGA) is guaranteeing Tata Power's equity investment in Itezhi Tezhi Power Corporation in Zambia to support the...

Lloyds Bank has launched a gateway to global trade. It will allow users to, among other things, use an import and export calculator to optimise shipping costs, and...

South Korean state-run banks Kexim and KDB are currently trimming the fat as part of efforts to "reform" themselves and cut internal costs after over exposure to the...

Earlier this month Goldman Sachs revealed they had not renewed their membership of R3 CEV, the blockchain consortium. Hours later, Spanish banking giant Banco Santander...

UK-based emerging markets bank Crown Agents Bank has hired Steven Marshall as head of payments and cash management. He will help build the bank's network of...

Insurer Coface says the signs for Germany's economic development in 2017 are promising, with a high level of stability. It also predicts less insolvencies but...

Russia's Vnesheconombank (VEB) Leasing has appointed Yuriy Gaichenya as acting director general, to replace Alexander Dymov who is leaving for personal reasons.

The Export-Import Bank of India (India Exim) wants to open an office in Dhaka, Bangladesh, following a rise in its lending activities. The proposal is pending due to...

Russia's state-run development bank Vnesheconombank (VEB) has agreed to finance export supplies of five Sukhoi Superjet 100 planes to Irish carrier CityJet. The...