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19 September 2016

China to invest $450bn modernising agriculture by 2020

The Agricultural Development Bank of China has unveiled plans to boost the modernisation of the country's agriculture industry with $450 billion in loans by...

19 September 2016

EBRD sets up Equity Participation Fund

The European Bank for Reconstruction and Development (EBRD) has completed a €350 million first round of fundraising for its debut Equity Participation Fund with...

19 September 2016

The mounting risks of a Chinese banking crisis

The Bank for International Settlements says the risks of a Chinese banking crisis are mounting, with the gauge of stress in the sector now more than three times higher...

19 September 2016

BTMU and IBM use blockchain for contract management

The Bank of Tokyo-Mitsubishi UFJ (BTMU) and IBM are joining forces to use blockchain technologies for contract management among business partners via the Hyperledger...

19 September 2016

Coface: Polish insolvencies fall amid fair economic growth

Insurer Coface says the economy in Poland is slowing this year - although the growth rate will remain fair at 3.2% following 3.6% in 2015. Insolvencies and...

19 September 2016

Africa's overall growth slows but outlook is positive

The latest McKinsey Global Institute report on Africa's diverse economies shows growth in the 11 economies responsible for 60% of the continent's GDP has...

16 September 2016

First Finnvera-NIB financing creates landmark deal in Brazil

At the end of last month, Finnvera and NIB signed a $225 million facility that will be onlent to a eucalyptus pulp mill project in Brazil. The deal represents the first...

16 September 2016

New OFAC directive provides further damage to international trade with Russia

US and EU sanctions against Russia came into effect in 2014 and two years later their effect has led to an economic slowdown, and limited financing opportunities. The...

16 September 2016

BPO: Renaissance or another false dawn?

After years of discussion and initiatives BPO has struggled to gain real traction in the market due to its slow uptake by corporates and relative complexity. Commerzbank...

16 September 2016

EBRD appoints Ivana Duarte as head of Baku office

Ivana Duarte has been appointed the European Bank for Reconstruction and Development's (EBRD) head of the Resident Office in Baku, Azerbaijan.

16 September 2016

Fluent adds trade finance experts to board of advisors

Fluent, a US-based fintech group, has announced that Dan Juliano - co-founder of PrimeRevenue; and the Trade Advisory founder Anthony Brown have joined its board of...

16 September 2016

Afreximbank closes first $300m China Exim-backed loan

The African Export-Import Bank (Afreximbank) has sealed its debut China/Taiwan specific syndicated loan with a $300 million facility guaranteed by the Export-Import...

16 September 2016

Euler Hermes market analysis on German textile industry

Risks in the German textile industry remain high, with stagnating sales, low margins, and strong competitive pressure making life hard for companies, according to...

16 September 2016

Questfire Energy reveals credit facility amendment

Canadian oil and gas group Questfire Energy has announced its credit facility amendment, including a restructuring of its $44.5 million borrowing base and a revised...

16 September 2016

Vale signs $1bn bank funding backed by Glencore

Brazilian metals and mining group Vale has reportedly borrowed $1 billion from a global assembly of banks, guaranteeing it with iron-ore shipments to Glencore.

16 September 2016

ExWorks Capital boosts US marble mold exporter

ExWorks Capital has provided $400,000 in export financing to a US-based company which designs and exports marble manufacturing molds and spare parts.

16 September 2016

NIB finances new passenger trains for central Sweden

The Nordic Investment Bank (NIB) has agreed a €73 million 20-year loan deal with Sweden's AB Transitio to finance the buying of 33 new passenger trains in the...

16 September 2016

SWIFT: De-risking in the Caribbean

The correspondent banking industry has been increasingly impacted by de-risking. SWIFT looks into risk mitigation, standardisation and transparency, and the future of...

16 September 2016

BNDES payments probe is widened by police

The investigation into overseas financing provided by Brazilian development bank BNDES is being widened by police. The probe focuses on alleged payments made in...

16 September 2016

Standard Chartered completes investment in Ripple

Standard Chartered has made a strategic investment in Ripple, a leading distributed ledger company - accelerating the bank's digitisation.