Paris-based Banque Palatine is rolling out a new trade finance system, Allnett from Surecomp. Allnett makes the processing of letters of credit more efficient by...

Swiss-based commodities trader Glencore has launched an early refinancing of an $8.45 billion, one-year revolving credit facility. The company would normally begin the...

There is no reason to be confident on oil in the long-term, and the dollar's rally is over for now, according to Jeffrey Gundlach, founder of US-based investment...

BNDES, Brazil's state-run development bank, is to stop financing mining company Samarco following the fatal collapse of the Fundao tailings dam in November last...

UniCredit has appointed Holger Frank as new head of financial institutions group and global transaction banking (GTB) in the Asia Pacific region. He joined the bank in...

Developing markets are likely to experience further economic backlashes this year from the floundering price of oil. Severe energy price shock was named as one of top...

Next Friday 22nd January senior representatives from the export finance industry will meet in New York to discuss the future of US Ex-Im.  The...

France-based seamless payment group Ingenico has hit a strategic 50,000 payment terminals landmark in Africa to serve the unbanked population. The first Ingenico smart...

The European Bank for Reconstruction and Development (EBRD) mobilised more than €2.3 billion via syndicated loans last year - almost double 2014's amount. The...

EKF, Denmark's export credit agency (ECA), and Iran's finance ministry have sealed a cooperation agreement to boost trade between the two nations once...

Singapore-headquartered oil and gas company Puma Energy, a subsidiary of Trafigura, has closed a senior unsecured private placement transaction with Delta Lloyd Asset...

Barclays has teamed up with UK Trade & Investment (UKTI) to help further develop international trade and inward investment for businesses in the UK. They will...

Australia-based debtor finance company Scottish Pacific has bought the Australian and New Zealand operations of Bibby Financial Services. Small and medium-sized...

Pressure on global corporate credit ratings is at the highest level since the financial crisis, according to a report by international ratings agency Standard &...

The State Bank of India (SBI) has secured a $500 million loan from the Export-Import Bank of Korea (Kexim). It will be partly utilised by Indian corporates sourcing...

Alibaba Group, the Chinese e-commerce company, has teamed up with more than 25 credit rating agencies and banks around the world to make cross-border trade financing...

The European Bank for Reconstruction and Development (EBRD) has revealed that its investment into central Asia reached a record level in 2015. It rose 75% to €1.4...

European shipping policy is in need of a makeover. It is fragmented, inefficient and needlessly bureaucratic, according to Patrick Verhoeven, secretary general of the...

Greece-based Diana Shipping has sealed a $75.7 million loan with the Export-Import Bank of China (China Exim) to partially finance three newbuildings.

The World Bank Group has appointed China's Shaolin Yang as chief administrative officer and Brazil's Joaquim Levy as chief financial officer. Both appointments...