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07 January 2016

Insurer Markel International boosts trade credit division

London-based insurer Markel International has appointed Nicola Marriage as senior underwriter within its trade credit division. She will focus on further developing...

07 January 2016

DBS Bank hires Lim Him Chuan as GTS head

Singapore's DBS Bank has appointed Lim Him Chuan as global head of product management for global transaction services. He will oversee the strategic development,...

07 January 2016

EXIAR and SME Bank to help boost Russian exports

The Russian Agency for Export Credit and Investment Insurance (EXIAR) has sealed a cooperation agreement with the country's SME Bank to help increase exports of...

07 January 2016

Trade Finance Solutions provides ABL to petroleum group

Trade Finance Solutions is providing a $10 million asset-based lending (ABL) facility to a wholesale distributor of petroleum products based in Dubai, the US, Denmark,...

07 January 2016

EBRD and EU support Ukrainian agri-business

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have agreed to jointly lend $5 million to a Ukrainian agricultural producer....

06 January 2016

TRAFIN 2015-1: how to securitise an entire trade portfolio

Ollie Gordon talks to Guy Brooks about Deutsche Bank’s record-breaking $3.5 billion trade finance securitisation, TRAFIN 2015-1.

06 January 2016

Canadian SMEs to get export grant help

Small and medium-sized enterprises (SMEs) in Canada have been boosted by the announcement of a $50 million programme to help develop export markets for their goods and...

06 January 2016

DS-Concept provides factoring facility to Bangladesh exporter

Global commercial finance group DS-Concept has provided a $3 million export accounts receivable facility to an exporter of garments in Bangladesh. The exporter is...

06 January 2016

India scraps export duty on iron ore pellets

India has scrapped the export duty on iron ore pellets in a bid to make the commodity more competitive amid weak demand and prices. The duty had stood at 5%.

06 January 2016

ADB to loan $1bn to Kazakhstan

The Asian Development Bank (ADB) is to provide a $1 billion loan to Kazakhstan. The Kazakh government said the loan would help "promote the economy and stimulate...

06 January 2016

Afreximbank in $500m deal to boost Egypt's exports

The African Export-Import Bank (Afreximbank) has agreed to provide $500 million to help boost Egypt's trade with other African member countries.

06 January 2016

Pakistan and Sri Lanka to include services in FTA

Pakistan and Sri Lanka have agreed to update their bilateral Free Trade Agreement (FTA) to include services. The volume of trade between the nations stands at about...

06 January 2016

Nanno Kleiterp announces departure as CEO of FMO

Nanno Kleiterp will step down as chief executive officer (CEO) and chairman of the management board of Dutch development bank FMO on 1 October 2016. The date will mark...

06 January 2016

Iran electricity exports to Pakistan set to rocket

Iran could potentially boost its exports of electricity to Pakistan to up to 3,000MW, according to official documents. Pakistan currently imports 74MW of electricity...

05 January 2016

Voting extended for TXF awards

Voting for the TXF Perfect 10 awards has been extended by two weeks until 31 January 2015. To date, the awards have attracted over 650 votes from financiers and...

05 January 2016

ITFC signs MoU to boost trade finance in Tajikistan

The International Islamic Trade Finance Cooperation (ITFC), a member of the Islamic Development Bank Group, has signed a memorandum of understanding (MoU) with...

05 January 2016

South Africa misses deadline over US trade dispute

South Africa has missed the 31 December 2015 deadline set by America to resolve a trade row between the two nations - putting it at risk of losing duty-free access on...

05 January 2016

Ukraine begins FTA with EU - and cuts ties with Russia

Ukraine's Free Trade Agreement (FTA) with the EU started on New Year's Day - a move which saw the nation cut its economic ties with Russia. The deal will see...

05 January 2016

EBRD supports trade finance through Bank of Cyprus

The European Bank for Reconstruction and Development (EBRD) is backing Cypriot exporters and importers with a €50 million trade facility to Bank of Cyprus. EBRD...

05 January 2016

Kexim loan admin service developed by CC Solutions

The Export-Import Bank of Korea (Kexim) has had a customised loan administration service developed by CC Solutions. Borrowers can outsource the Kexim loan disbursement...