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28 October 2014

The view from the WTO

TXF talks with Marc Auboin, counsellor within the Economic Research and Statistics Devision within the World Trade Organisation (WTO), about the continuing dialogue with...

27 October 2014

Trade finance at the 2014 WTO Public Forum

The annual World Trade Organisation (WTO) Public Forum provides an opportunity for dialogue, an exchange of ideas and the conduct of deliberations on major issues in...

27 October 2014

Turkey’s Aklease secures SACE-backed ING loan

Turkish leasing company, Ak Finansal Kiralama (Aklease) has signed a €30 million ($38 million) six year loan with ING, backed by SACE, the Italian export credit agency...

27 October 2014

Corporate treasurers prioritise working capital optimisation

Finding efficient ways of managing working capital is the key focus for corporate treasurers going into 2015, according to a survey of nearly 80 treasurers and financial...

27 October 2014

Martin Knott joins RBS as head of trade from BAML

The Royal Bank of Scotland (RBS) has appointed Martin Knott as its new head of trade for global transaction services (GTS).

27 October 2014

Finacity appoints new board director

Finacity Corporation (Finacity), the receivables finance company, has appointed Judith Schrecker as its new board director.

27 October 2014

Sasol makes final investment decision on Louisiana chemical plant

Sasol, the South African oil and fuels company, has today announced the final approval of an $8.1 billion ethane cracker and derivatives complex at its existing site in...

27 October 2014

JBIC and banks provide major loans for Turkmen gas-to-gasoline plant

Japanese export credit agency (ECA), the Japan Bank for International Cooperation (JBIC) has teamed up with a club of Japanese banks to provide three export loans to the...

24 October 2014

UniCredit teams with BTMU for first BPO

Germany’s UniCredit and Japan’s Bank of Tokyo-Mitsubishi (BTMU) have combined to process the first Bank Payment Obligation (BPO) transaction between Germany and Japan....

24 October 2014

Berne Union and Prague Club come together for landmark meeting in London

Members of the Berne Union – International Union of Credit & Investment Insurers – came together in London this week for their annual general meeting (AGM). At the same...

24 October 2014

ADB provides loans for Rajasthan water and sewage projects

The Asian Development Bank (ADB) has approved two loans totaling $500 million to help the government in India’s largest state of Rajasthan to better manage essential...

24 October 2014

Banks and EKF team to close loan for largest wind farm in the Philippines

The Philippine geothermal and renewable energy producer, Energy Development Corporation, has signed a $315 million financing agreement with a club of foreign and local...

24 October 2014

Michal Ron elected as new vice president of Berne Union

This week the Berne Union – the International Union of Credit & Investment Insurers – came together in London for their annual general meeting (AGM), which is also the...

23 October 2014

OPIC and JP Morgan provide loan for Africa Finance Corporation

The Overseas Private Investment Corporation (OPIC) together with JP Morgan has arranged a $100 million long term loan facility for the pan-African development finance...

23 October 2014

SACE report identifies key problems and opportunities for Italian exports

Italy’s export credit agency (ECA), SACE, has just released its 2014 risk map, analysing the impact of geopolitical instability on Italian businesses over the past year....

22 October 2014

Sberbank and EXIAR sign cooperation agreement

Sberbank of Russia and the Russian Agency for Export Credit and Investment Insurance (EXIAR), the country’s export credit agency, have entered into a cooperation...

22 October 2014

AfDB provides risk guarantees for Kenyan geothermal project

The African Development Bank (AfDB) has approved a $12.7 million African Development Fund partial risk guarantee (AfDF PRG) for the 105 MW Menengai Independent Power...

22 October 2014

Commerzbank makes BPO debut

Commerzbank, Germany’s second-largest bank by assets, has made its bank payment obligation (BPO) debut, processing two live transactions.

22 October 2014

Impala Terminals sets up warehousing JV with China’s CITIC

CITIC Global Trade Shanghai (CGT), the subsidiary of CITIC Securities, China’s largest investment bank, has signed an agreement with Impala Terminals, the global...

22 October 2014

Afreximbank finances Nigeria’s Heritage Bank expansion

The African Export-Import Bank (Afreximbank) has signed a loan agreement with Nigeria’s Heritage Bank providing funds to facilitate the acquisition of Enterprise Bank...