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27 July 2016

Kexim's losses may spark trade disputes

Cash assistance for the Export-Import Bank of Korea (Kexim) is giving the lender unexpected trouble and may lead to trade friction.

27 July 2016

EBRD helps global trade in Greece through Eurobank

The European Bank for Reconstruction and Development (EBRD) has agreed a €50 million facility to Greece's Eurobank under its Trade Facilitation Programme...

27 July 2016

Bibby: Ian Watson is North America CEO

Bibby Financial Services has made Ian Watson chief executive officer (CEO) of its North America business. Watson served for more than six years as the CEO of Asia...

27 July 2016

Chubb boosts US team and opens new office

Chubb Global Markets is opening a new office in Chicago to boost its trade credit insurance capabilities for US companies. The office will be headed by Peter Hunter,...

26 July 2016

EBRD provides €5m to Kosovan bank to support regional trade

The EBRD is beginning cooperation with a new partner bank in Kosovo, NLB Banka Prishtina, with a €5 million credit facility under the EBRD’s Trade...

26 July 2016

Angola to “look east” after dismissing the IMF

Angola's decision to dispense with support from the International Monetary Fund (IMF) at a difficult economic and financial time was based on the idea of securing...

26 July 2016

Castleton cements super-trader status with $3.3 billion loan

Castleton Commodities International has closed a $3.3 billion trade loan refinancing its huge 2015 facility, which marked its expansion into global oil trading. The...

26 July 2016

TXF awarded ‘Best Trade Finance Journal’ by TFG

Trade & Export Finance News (TXF) has been named best trade finance journal by Trade Finance Global (TFG) in its annual product awards for excellence, which recognise...

26 July 2016

Deutsche Bank launches new liquidity management solution in South Korea

Deutsche Bank today has launched a new intra-day cross-border cash sweeping service in South Korea, enabling its corporate clients to move euro and US dollar surplus...

26 July 2016

Metalloinvest announces $600m pre-schedule repayment

Russian metals producer Metalloinvest has repaid approximately $600 million ahead of the scheduled maturity dates as a part of an optimisation of its loan portfolio...

26 July 2016

ICICI and Axis banks join Swift's global payments innovation initiative

ICICI Bank and AXIS Bank have become the first Indian banks to sign up for Swift's global payments innovation initiative. Both banks will be joining forces...

26 July 2016

EY: Despite slow down, Sub-Saharan Africa growth remains strong

According to EY’s Africa attractiveness programme 2016, Staying the course, despite a relative slow down, Sub-Saharan Africa remains one of the fastest growing...

26 July 2016

Is Blockchain the new space race?

The creation of Chinese and Russian blockchain consortiums to match the New York-based R3CEV consortium evokes a Cold War space race in the financial technology sector....

25 July 2016
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Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

SG appoints Agnès Joly as global head of trade services

Société Générale (SG) global transaction banking (GTB) has appointed Agnès Joly as global head of trade services. Based in Paris, she reports to Christian Behaghel, head...

25 July 2016

Cuba signs loan deals with Saudi Arabia

Cuba has penned two deals with Saudi Arabia for long-term credits worth a total of about $80 million to import goods from the Gulf kingdom and invest in...

25 July 2016

Adeline Kow is UniCredit STEF Asia-Pacific head

UniCredit has appointed Adeline Kow as head of structured trade export finance (STEF) Asia-Pacific. She will be based in Singapore, supporting and growing...

25 July 2016

UKEF backs Dints International in Africa deal

Export credit agency UK Export Finance (UKEF) has backed London-based supply chain solution provider Dints International as it won a mining contract in Ghana. The deal...

25 July 2016

Why trade finance is a good use case for blockchain

A look at why trade finance is set to be one of the most promising early uses of blockchain technology.

25 July 2016

EBRD to continue lending to Turkey amid turmoil

The European Bank for Reconstruction and Development (EBRD) has insisted it will continue to lend to Turkey following the failed coup attempt in the country and...

25 July 2016

EIB approves billions of euros for new loans

The European Investment Bank (EIB) has approved €9.4 billion in new financing for 56 projects across Europe and around the world. It includes more than €2.8...