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18 December 2014

Myanmar joins ASEAN infrastructure fund

Myanmar has completed all procedures to become the eleventh shareholder of the ASEAN Infrastructure Fund (AIF), joining other Association of Southeast Asian Nations...

18 December 2014

AFC completes exceptional funding round

Africa Finance Corporation (AFC) has completed an exceptional fund raising sequence, which sees the investment grade rated multilateral development finance institution...

18 December 2014

HNB becomes first Sri Lankan bank to receive Kexim loan

Hatton National Bank (HNB) has become the first Sri Lankan bank to establish a revolving credit line with the Export-Import Bank of Korea (Kexim).

17 December 2014

Mercuria Energy hires former OW Bunker team

Swiss-headquartered commodity trading company Mercuria Energy has moved more intensely into the shipping fuel sector with the hire of personnel from the Danish-owned OW...

17 December 2014

BAML looks inwards for four senior GTS appointments

Bank of America Merrill Lynch (BAML) has made four senior appointments to its global transaction services (GTS) team, all from within its own ranks.

17 December 2014

ADB loan to Yoma will boost Myanmar operations

Singapore-listed Yoma Strategic Holdings Ltd. (Yoma Strategic) has secured a loan from the Asian Development Bank (ADB), which is designed to improve infrastructure...

17 December 2014

EDC and RBC support Mirus’ acquisition of Chinese manufacturing facility

The Canadian export credit agency (ECA), Export Development Canada (EDC) has announced it will guarantee a loan provided by the Royal Bank of Canada (RBC), to support...

17 December 2014

SACE guarantees BPER loan for Italian agricultural firm

The Italian export credit agency (ECA), SACE, is teaming with Banca Popolare dell’Emilia Romagna (BPER), to support Zaccagnini – an Italian agricultural firm specialised...

16 December 2014

EDC signs commercial loan with Vodafone

Canada’s export credit agency (ECA), ~Export Development Canada^ (EDC), has announced a commercial financing deal with telecom service company, ~Vodafone^, in support of...

16 December 2014

SunEdison closes solar fund with Barclays and Citi

The global solar technology manufacturer and provider of solar energy services, SunEdison, has closed its second fund for distributed generation projects in the US with...

16 December 2014

Russia’s Alrosa secures funds from VTB and UniCredit

As a result of liquidity improvement measures taken by the company, Russian diamond producer Alrosa has reached two separate new financing agreements with VTB Bank and...

15 December 2014

Gazprombank pushes loan repayment from Ukraine’s Ostchem

Gazprombank is seeking immediate repayment of a major US dollar-denominated loan to Ukrainian fertiliser producer Ostchem Holdings.

14 December 2014

Indonesia the gift that keeps giving for export finance

Indonesia was voted the borrower destination that brought most opportunity for export finance, at a recent industry poll taken at the TXF ECA Finance Asia conference,...

12 December 2014

Trader interview series: Part 1. Trafigura steers a smooth course ahead

As undisputed drivers of trade, the world’s commodity traders are a hugely influential group but also oddly misunderstood. They are the lynchpins of global trade, not...

12 December 2014

Politics still shaping oil markets

Political Monitor's Damian Karmelich writes about how oil markets have continued to be affected by geopolitical factors over the past year.

12 December 2014

Political risk report identifies key sources of geopolitical tension

The political risk research and advisory firm, Political Monitor, has just released its 2014 report in which its 2014 forecasts were reviewed in light of the eventual...

12 December 2014

Italy’s SACE finalises guarantees for Turkey’s Star Refinery project

Italian export credit agency SACE has announced today that it is finalising its guarantee programme to support Italian companies working on the development of the Star...

12 December 2014

Spanish government to privatise Cesce

The government of Spain has approved the regulatory framework which is to take effect after the privatisation of the country's export credit agency (ECA), Cesce,...

12 December 2014

Olam signs five-year loan for Australian agri subsidiaries

Agricultural producer and trader Olam International has signed a A$350 million ($288.5 million) to be used by its Australian subsidiaries Olam Orchards Australia and Olam...

12 December 2014

ADB signs loan for Fijian transport sector

The Asian Development Bank (ADB) has signed a $100 million loan agreement with the government of Fiji for a project to improve the safety and durability of the country’s...