SMEs in Asia and the Pacific face acute challenges in obtaining financing, with unique geographies and low bank densities forming barriers for businesses. The development...

The Export-Import Bank of Korea (Kexim) has helped finance the Prestea-Kumasi power project in Ghana with a $67.2 million loan. The total project cost is $84.2...

OeKB, Austria's export credit agency, has raised its cover for Iran transactions to €1 billion from €280 million.

The Export-Import Bank of China (China Exim) has released another Rs3.63 billion tranche for the Orange Line metro train project in Lahore. The scheme is being funded...

Insurer Euler Hermes has partnered with Moody's Investors Service to provide a new, tailored credit rating service to small and medium-sized enterprises and...

The World Bank will provide a partial risk guarantee of $500 million for purchases from Ghana's largest gas field, Sankofa, which is operated by Italy's ENI...

Accuity, the financial compliance solutions provider, has announced a new capability to give banks details of groups and individuals who have an owing interest of 0.1%...

Dr Jim Yong Kim has been unanimously reappointed to a second five-year term as president of the World Bank Group. The second term begins in July 2017.

Export Development Canada (EDC) has agreed to provide up to $100 million in guarantees or letters of credit to support solar power group Canadian Solar's global...

Octet, an Australian fintech group, has hired its first executive in Europe, Marius Savin. He will be responsible for boosting Octet's growth in Europe by working...

Insurer Euler Hermes and fintech group URICA are working together to offer French companies a new online financing solution. The product helps small and medium-sized...

The perception of Africa as high-risk - and that trade there is complex - often stops businesses from identifying opportunities, but the numbers paint a different...

HSBC has created a multi-hub capability which allows investors - such as asset managers and insurers - to take part in the financing of cross-border trade, it...

Swiss-headquartered, Russia-focused fertiliser producer Eurochem’s recent PXF sees the potash supplier attempt to restructure its debt and manage liquidity at a time of...

Despite a crop-damaging drought and fears about production levels, the Ghana Cocoa Board (Cocobod) has refinanced its annual PXF in a vastly oversubscribed facility. The...

UK Export Finance (UKEF), Britain's export credit agency, insists there is no target date to restore support for Airbus amid a corruption probe. Sources said...

Standard Chartered (StanChart) and China Merchants Bank (CMB) have sealed a One Belt One Road agreement to boost regional cooperation and growth for countries along...

Expensive labour, poor infrastructure, and limited trade deals undermined manufacturing exports in Latin America, insurer Coface found. And a strong rebound is...

KUKE, the Polish export credit agency, has insured a contract of steel structure producer Vistal Gdynia for the supply of harbour cranes for a port infrastructure...

SWIFT is set to launch Name Screening - a service designed to boost financial institutions' compliance efforts through screening against a variety of lists,...