Trader Trafigura has closed a $1.665 billion-equivalent syndicated revolving credit facility and term-loan facilities. The facilities were oversubscribed and upsized...

Oman Oil Company Exploration & Production is looking for a pre-export finance (PFX) loan of more than $1 billion. Sumitomo Mitsui Banking Corporation has been...

Brazil's Petrobras will no longer be the sole operator of the country's vast offshore oil reserves after a ruling by Congress. Brazil hopes the rule change...

Kshatrapathi Shivaji has been appointed executive director of the Asian Development Bank (ADB). His previous role at ADB was chairman and managing director, small...

SACE, the Italian export credit agency, has guaranteed two €2.5 million loans to allow DOpla - producer of plastic tableware and disposable containers - to buy...

The Asian Development Bank (ADB) has joined forces with Citi to boost local currency lending under the Microfinance Risk Participation and Guarantee Programme. They...

The Chinese government’s change in rules dealing with foreign investment offshore could see an increase in international bank financing in the country. Fangyuan Group’s...

America's General Electric (GE) has urged India to create a new export credit agency. Vice-chairman John Rice said the conglomerate was keen to ramp up exports...

Export Development Canada (EDC) has opened an office in Brossard, Quebec. EDC says it will help about 3,700 companies on the South Shore either exporting or hoping to...

FMO, the Dutch development bank, has arranged a $14.7 million senior loan to finance a solar PV project in Tororo, Eastern Uganda. The plant will be developed by...

The European Bank for Reconstruction and Development (EBRD) has arranged a $22 million syndicated loan to Qartli Wind Farm for the development, construction and...

In a ground-breaking transaction for Ghana, HSBC and Standard Chartered Bank have issued a $500 million stand-by letter of credit on behalf of Ghana National Petroleum...

On 1 January 2017 the French export credit agency (ECA), Coface, will officially transfer all its activity to Bpifrance. Since 1946 Coface has handled state export credit...

An overhaul of Indonesia's mining rules which could restart banned nickel ore exports is being finalised. The change could also give companies five more years to...

The Asian Infrastructure Investment Bank (AIIB) has signed its first Myanmar project loan - the Myingyan power plant, also funded by the Asian Development Bank and...

The International Finance Corporation (IFC) has launched MCPP Infrastructure - a programme which aims to raise $5 billion from investors to boost infrastructure in...

Swiss-headquartered trader Vitol has signed an $8 billion refinancing of credit facilities. The loan includes a 12-month extension of its exiting $7.07 billion...

AREAM and Greentale Capital have set up a joint renewable energy and investment management venture. It will help institutional investors throughout Europe interested...

INTL FCStone Global Payments Division has unveiled a financial information exchange (FIX) protocol, integrated with its global payments platform - marking one of the...

The International Finance Corporation (IFC) and Allianz Group have united to invest in emerging markets infrastructure projects. Allianz will invest $500 million,...