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14 January 2015

HSBC appoints new head of GTRF in Japan

HSBC has appointed Takahisa Yano as director, country head of global trade and receivables finance (GTRF) Japan, effective since 5 January 2015.

14 January 2015

ITFC signs Murabaha financing with Burkina Faso’s SOFITEX

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) has signed a Murabaha agreement with the government of Burkina...

14 January 2015

EDC launches online credit insurance product

Canada’s export credit agency (ECA), Export Development Canada (EDC) has launched an online version of its credit insurance product, allowing Canadian companies to insure...

13 January 2015

Equinox makes two new appointments to UK team

Equinox Global (Equinox), the Lloyd’s cover holder specialising in trade credit insurance, has appointed Kully Ubhi and Jack Woodruff to its UK team.

13 January 2015

Petrobras appoints compliance officer in wake of corruption scandal

The Brazilian multinational energy corporation, Petrobras, has appointed João Adalberto Elek Junior as governance, risk and compliance officer.

13 January 2015

VTB reports big increase in trade and export finance for 2014

Russia’s VTB Bank is reporting a big increase in its trade and export finance portfolio for 2014, despite the trade sanctions imposed by the US and the EU.

12 January 2015

Markel granted regulatory approval for Dubai office

Markel International (Markel), the specialist insurer, has been granted regulatory approval by the Dubai Financial Services Authority (DFSA) to operate within the Dubai...

12 January 2015

Dorian LPG secures commitments to fund its new ship programme

US-headquartered, Dorian LPG, a leading owner and operator of modern Very Large Gas Carriers (VLGCs), has announced that is has received commitments for up to

12 January 2015

Dubai Aluminium sees success with syndicated loan

Dubai Aluminium (DUBAL), a wholly owned operating subsidiary of Emirates Global Aluminium (EGA), has completed the syndication of a major corporate loan facility with...

12 January 2015

MIGA provides guarantee for agribusiness investment in Zambia

The Multilateral Investment Guarantee Agency (MIGA) has agreed to provide support for an investment in a maize and wheat-milling operation in Zambia. The investment will...

12 January 2015

Baltic Trading secures loan and funds for new vessels

New York-headquartered shipping company Baltic Trading has signed a new credit facility to cover payment for newbuild vessels.

12 January 2015

NBAD appoints new global head of merchant banking

The National Bank of Abu Dhabi (NBAD) has appointed Omar Mehanna as managing director and global head of merchant banking.

12 January 2015

Citi appoints new head of TTS EMEA payments and receivables

Citibank has appointed Ireti Samuel-Ogbu as its new trade and treasury (TTS) solutions payments and receivables head for the Europe, Middle East and Africa (EMEA) region....

12 January 2015

IFC and Rabobank provide loan for Georgian glass bottle manufacturer

The International Finance Corporation (IFC), a member of the World Bank group, is teaming up with Rabobank to provide financing for Georgia’s sole glass bottle...

12 January 2015

IFC arranges Itaú Unibanco loan for Enel Green Power Group

The International Finance Corporation (IFC) has mobilised financing from Brazilian bank Itaú Unibanco for Enel Green Power group (Enel), the Italian renewable energy...

12 January 2015

NBAD appoints head of debt origination and distribution, South-East Asia

The National Bank of Abu Dhabi (NBAD), has appointed Wynce Low as executive director and head of debt origination and distribution for South-East Asia.

09 January 2015

Norway’s Avance Gas secures club loan for new ships

Oslo-headquartered shipowner and operator Avance Gas Holding (AGHL) has secured new bank financing from a club of international banks for the purchase of four very large...

09 January 2015

US Ex-Im Bank appoints new VP of structured finance

US Ex-Im Bank, the American ECA, has appointed a new vice president for project and structured finance

08 January 2015

ING closes new Coface-guaranteed financing for Korean Air Lines

New York-based ING Capital has closed a new Coface -guaranteed loan for another Airbus A330-300 aircraft for Korean Air Lines.

07 January 2015

ING appoints new head of clients and products in Frankfurt

ING Commercial Banking Germany has today appointed Andreas Becker as head of clients and products in its Frankfurt headquarters.