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09 September 2016

What the SH130 bankruptcy says about the state of US infrastructure finance

A Texan bankruptcy court is now examining a restructuring plan for the SH130 toll road, which has become a fascinating case study into the dangers of using Public-Private...

09 September 2016

KfW to help cover Silicor's $1bn move to Iceland plant

German development bank KfW has agreed to cover about 65% of US-based Silicor Materials' project to build a $1 billion plant in Iceland to produce solar-grade...

09 September 2016

CDB set to fund Mongolia railway project

The China Development Bank has issued an expression of interest to Aspire Mining to fund up to 70% of the engineering, procurement and construction contract for a...

09 September 2016

Hill Dickinson hires partner from Holman Fenwick Willan

Global law firm Hill Dickinson has hired Caroline Thomas, an insurance, shipping and competition law specialist, as a partner in Hong Kong. She joins from Holman...

09 September 2016

Sinosure to increase Zimbabwe project support

The China Export and Credit Insurance Corporation (Sinosure) is keen to increase its cover to support public and private sector infrastructure projects in Zimbabwe.

09 September 2016

Moody's on the credit quality of export finance loans

Moody's says in a new report that export finance loans backing European covered bonds benefit from robust credit quality due to their guarantees by export credit...

09 September 2016

ADB in trade finance agreement with Georgian bank

The Asian Development Bank (ADB) has signed a trade finance agreement with Georgia's JSC BasisBank to provide guarantees of up to $3 million a year to support...

09 September 2016

Mixed reactions to Malta Development Bank model

The announcement that the planned Malta Development Bank will be supervised but not regulated has received a mixed reaction. Central bank governor Mario Vella insisted...

08 September 2016

EFIC's export loan initiative plugs banks retreat from SMEs

The Australian government's push to support small and medium-sized enterprises (SMEs) is beginning to bear fruit, as last month Australia's export credit agency (ECA),...

08 September 2016

Blockchain breakthrough? Barclays processes distributed ledger transaction

Trade finance’s first global blockchain transaction has been completed by Barclays and Wave via SWIFT, hinting at an exciting and digital future for banks and corporates....

08 September 2016

How Glencore's roller-coaster ride tamed swashbuckling CEO

Glencore chief executive officer (CEO) Ivan Glasenberg ran the commodities giant with swagger - until plummeting metal prices in 2015 forced a rescue plan that is...

08 September 2016

Eversheds adds to project finance practice with 2 hires

Global law firm Eversheds has appointed London partners Mark Dennison and Conrad Purcell. Dennison focuses on clean energy and infrastructure finance, while Purcell...

08 September 2016

IIC boosts access to finance for Brazilian SMEs

Small and medium-sized enterprises (SMEs) in Brazil will have increased access to finance thanks to a $40 million loan from the Inter-American Investment Corporation...

08 September 2016

Barclays claims world-first blockchain trade finance deal

Barclays and start-up Wave say they have carried out the world's first trade transaction using blockchain technology. The deal guaranteed the export of cheese and...

08 September 2016

Euler Hermes and CPPIC announce joint venture in China

Insurer Euler Hermes has teamed up with China Pacific Property Insurance Company (CPPIC) to launch a Shanghai-based credit insurance venture called CPPIC Euler Hermes...

08 September 2016

KDB asked by court to provide Hanjin Shipping funds

The Korea Development Bank (KDB) has been asked by a court to provide fresh funds to Hanjin Shipping, the country's largest container shipping line. Creditor KDB...

08 September 2016

Atradius spreads its wings into South Korea

Insurer Atradius is moving into the South Korean market after being awarded a license by the Korean Financial Supervisory Service. It enables Atradius to receive...

08 September 2016

Falcon Group and Aon team up to boost British exports

Specialist financier Falcon Group has signed a memorandum of understanding (MoU) with insurer Aon to boost British exports by helping businesses seeking export finance...

08 September 2016

Djibouti becomes Afreximbank participating state

Djibouti has become a participating state in the African Export-Import Bank (Afreximbank). It can now access Afreximbank's range of services, programmes and...

08 September 2016

ABN Amro hires Jeroen Westrik as ECT global head

Dutch bank ABN Amro has hired Jeroen Westrik as global head of energy, commodities and transportation (ECT). The 42-year-old started his career with ABN Amro in...