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07 December 2015

Deutsche bags cash management deal in China

Deutsche Bank China is to handle cash management for German lighting manufacturer OSRAM. The bank will provide payments and collections services, both in foreign...

07 December 2015

China Development Bank hits African fund target

The China Development Bank has hit its target of pooling $5 billion dollars this year in its equity investment fund for Africa. The China Africa Development Fund has...

07 December 2015

EXIAR supports Russian mineral fertiliser exports

The Russian Agency for Export Credit and Investment Insurance (EXIAR) has insured a loan for the country's mineral fertiliser producer Uralchem to boost global...

07 December 2015

EBRD and IOE train staff to boost SME global trade

Staff at the European Bank for Reconstruction and Development (EBRD) are to be trained by the Institute of Export (IOE) to help small and medium-sized enterprises...

04 December 2015

RMB use between China and Japan more than doubles

The Chinese renminbi (RMB) now accounts for 7% of payments by value in deals between Japan and China/Hong Kong - making it the second most active currency. The RMB...

04 December 2015

EDC helps boost road post exports to Colombia

Export Development Canada (EDC) is providing a loan guarantee to help the country's Traffic Innovation, which makes traffic posts, export its products to Colombia....

04 December 2015

What now for Olam after Chanrai retires?

It could be the end of an era at Singapore-based agri-commodity trader Olam International after Narain Girdhar Chanrai announced his retirement from the board of...

04 December 2015

Ecobank Nigeria secures $170m term loan

Ecobank Nigeria has sealed a $170 million term loan facility, with the African Export-Import Bank acting as mandated lead arranger. It will be used for refinancing...

04 December 2015

Croatian oil and gas group INA seals RCF

Croatian oil and gas company INA, a subsidiary of Hungary's MOL, has signed a $300 million long-term, multi-currency revolving credit facility (RCF) agreement.

04 December 2015

US aluminium group Kaiser renews $300m RCF

US-based aluminium producer Kaiser Aluminium has signed a $300 million, five-year senior secured revolving credit facility (RCF) by amending and restating its existing...

04 December 2015

CB Bank to directly finance exporters

Myanmar's Co-operative Bank (CB Bank) has ramped up its trade financing services and will now provide financing directly to exporters. It becomes the first bank in...

04 December 2015

JBIC supplies credit line to BNDES for energy projects

Export credit agency, the Japan Bank for International Cooperation (JBIC) is setting up a line of credit with Brazil's state-run development bank BNDES for...

04 December 2015

US industry buoyant following formal reauthorisation of US Ex-Im

After over five months of political wrangling in the US House of Representatives and the Senate, the Export-Import Bank of the United States (US Ex-Im) has finally and...

03 December 2015

Egypt's Al Baraka Bank joins IFC's trade finance programme

The International Finance Corporation (IFC) has signed an agreement with Egypt's Al Baraka Bank to expand the availability of trade finance for the country's...

03 December 2015

EDC prices new $300m green bond

With the aim of providing financial support to help sustainable Canadian businesses commercialize, scale up and go international, Canadian ECA Export Development Canada...

03 December 2015

Vitol in $3bn prepayment for KazMunayGas

Kazakh state-owned oil and gas company KazMunayGas plans to receive up to $3 billion from trader Vitol in the form of advance payments for crude from the Tengiz...

03 December 2015

Balani: Banks have to understand they are the frontline of AML

In a wide-ranging interview with TXF’s Hesham Zakai, Henry Balani talks about the responsibilities facing banks; unintended consequences engendered by regulation,...

03 December 2015

Congress ready to resuscitate US Ex-Im

Nearly six months after being left on life support, the Export-Import Bank of the United States is poised to be reauthorized by Congress. The House is set to vote...

03 December 2015

Sinosure backs Transnet in $6.6bn China-South Africa trade deal

China has signed 26 agreements pledging to invest ZAR94 billion($6.6 billion) in South Africa to support its flagging economy and boost its own exports. The deals...

03 December 2015

EKN appoints Tomas Duffy director of large corporates

Sweden's export credit agency EKN has named Tomas Duffy the new director of its large corporates business area. Taking up the position on 1 December, Duffy has...