Russia’s Norilsk Nickel has signed a five-year $500 million committed revolving back-stop credit facility (RCF) with a group of international banks. The transaction is on...

Falling commodity prices have caused shortages in dollar funding for African producers and has led to a greater demand for trade financing from local SMEs.

In yet another bailout for the troubled Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME), the government is considering making the state-owned Export-Import Bank...

Sumitomo Mitsui Banking Corporation (SMBC) Americas has hired Anne Marie Thurber as executive director and head of export and agency finance. She was previously a...

Swiss-based commodity trader Gunvor has secured $500 million for a new American trading operation. The US team will initially trade refined products, natural gas and...

Lower borrowing bases are expected by both lenders and borrowers in the next round of determinations, according to research. The average drop is expected to be around...

The World Bank has guaranteed a $500 million stand-by letter of credit from HSBC and Standard Chartered to Ghana National Petroleum Corporation. It marks the largest...

Global law firm Watson Farley & Williams (WFW) has hired new partner Samuel Kolehmainen to its Singapore aviation finance team. He joins from the Singapore office...

The Nordic Investment Bank's financial results show demand for long-term financing in the first eight months of the year prompted faster growth in the bank's...

The Export-Import Bank of Thailand (Thailand Exim) is to open offices in Cambodia, Laos, Myanmar and Vietnam this year and in 2017. The bases will serve loan demand...

Ukraine's DTEK Renewables subsidiary Wind Power has restructured its loans - guaranteed by export credit agencies EKF, Euler Hermes and KUKE - for the construction...

GlobalTrade Corporation (GTC) says Finland's Valmet - a tech group for the pulp, paper and energy industries - has chosen its technology to manage guarantees and...

According to a report by WorldFirst and an SME funding roundtable hosted by Western Union, digital infrastructure development and government cooperation, among other...

The European Investment Bank (EIB) and a consortium of banks and companies are financing the €1.1 billion Rentel offshore wind farm in Belgian waters. One EIB...

Swiss-based commodity giant Glencore has offered to buy back up to $1.25 billion of bonds in a bid to cut debt. It wants to buy back notes due in 2018 and 2019.

The China Development Bank (CDB) has agreed a $500 million loan to Eskom, the South African electricity power firm. The money will go towards Eskom's capital...

Japan's Nippon Export and Investment Insurance (NEXI) is backing a ¥15.5 billion loan from MUFG and Societe Generale to Danish shipper J Lauritzen to buy six...

Italy's Simest has transferred 76% of its shares to fellow Cdp Group export credit agency SACE. Cdp Group plans to earmark €63 billion to support Italian...

The National Bank of Pakistan (NBP) has launched a centralised Trade Processing Centre in Karachi to support its trade finance business. It will help exporters and...

Zimbabwe's $7.2 million debt to the China Export and Credit Insurance Corporation (Sinosure) has stalled funding for the expansion of Hwange Thermal Power Station,...