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21 December 2015

Export finance’s top market moves of 2015

A lot can happen in 12 months. But don’t take our word for it, just ask those in the export finance industry who have set themselves – or been set – on new career paths...

21 December 2015

IFC gives Vietnamese SMEs trade finance help

The International Finance Corporation (IFC) is providing a trade finance facility of up to $10 million to Vietnam's TienPhong Commercial Joint Stock Bank to...

21 December 2015

WTO abolishes subsidies on farming exports

Members of the World Trade Organisation (WTO) have agreed to abolish subsidies on farming exports at a summit in Kenya. The move is designed to help farmers in poorer...

21 December 2015

JBIC: 33bn yen is put into infrastructure account

Japan's government will inject 33 billion yen ($272 million) into the Japan Bank for International Cooperation (JBIC) as capital for a new Asia-focused...

21 December 2015

IADB loan to Argentina will help increase exports

The Inter-American Development Bank (IADB) has agreed to lend Argentina $5 billion over the next four years. The deal includes the construction of tunnels beneath the...

21 December 2015

Libya's eastern oil group set to sign six deals

Libya's National Oil Corporation, affiliated with the internationally recognised government in the east, said it will sign agreements with six companies to sell...

21 December 2015

Cambodia and Thailand agree 300% bilateral trade boost

Cambodia and Thailand have agreed to increase bilateral trade by 300% to $15 billion by 2020. The countries want to boost trade, tourism, security, and cooperation in...

21 December 2015

EBRD seals financing for Polish wind farm

The European Bank for Reconstruction and Development (EBRD) is arranging a financing package for the Banie Wind Farm renewables project in Poland. The EBRD is...

21 December 2015

Scenarios for the future of sustainable trade

There are two distinct possibilities for the future of sustainable trade. One is a positive vision in which deeper globalisation trumps protectionism, and the march of...

21 December 2015

Danish ECA EKF increases premiums for credits

EKF, Denmark's export credit agency, will introduce a 25% rise on premiums for credits below DKK 25 million from the beginning of next year. The change applies to...

21 December 2015
in
Infrastructure, Other, Transport

SG appoints global head of infrastructure finance

Société Générale Corporate & Investment Banking (SG CIB) has appointed Hervé Le Corre as the new global head of infrastructure finance. He will be based in Paris and take...

18 December 2015

Orpic signs contracts for Oman’s $6.4bn Liwa plastics complex

Oman Oil Refineries and Petroleum Industries Company (Orpic) has signed agreements to build, operate and finance the $6.4 billion Liwa Plastic Industries Complex (LPIC)...

18 December 2015
in
Transport

Coface backs first ATR aircraft bond

Singapore based aircraft lessor, Transportation Partners, has issued a $143.7 million bond guaranteed by French export credit agency (ECA) Coface to refinance 10 ATR...

18 December 2015

Yuan grows but US dollar dominates global payments

The US dollar remains the dominant currency in global payments, accounting for 51.9% of currency usage overall by value, according to SWIFT. But flows of the Chinese...

18 December 2015

Total, Vitol, Trafigura win Nigeria oil contracts

Swiss-based traders Trafigura and Vitol, along with France's Total, were among 21 companies handed crude oil term lifting contracts for 2016 by Nigerian National...

18 December 2015

DBS and Standard Chartered work on blockchain tech

Standard Chartered and DBS Bank have teamed up to develop a blockchain platform for trade finance in Singapore. The distributed ledger technology is designed to speed...

18 December 2015

WTO to ditch tariffs on information technology exports

More than 50 developed and developing country partners at the World Trade Organisation have announced the expansion of the Information Technology Agreement. The move...

18 December 2015

India's IDFC Bank takes on Intellect's transaction suite

IDFC Bank - India's newest bank - has implemented the Global Transaction Banking solution suite by financial technologies group, Intellect Design Arena. The suite...

18 December 2015

China agrees Pakistan mining and power plant loan

China has approved a $1.2 billion investment for the mining of 3.8 million tonnes per annum of coal and the setting up of a 660MW coal-fired power plant in Tharparkar,...

18 December 2015

KfW IPEX provides funds for new Birmingham hospital

German export and project finance bank KfW IPEX-Bank is providing £68 million to support the construction of the Midland Metropolitan Hospital in Birmingham....