HSBC China has opened a sub-branch in the Shanghai pilot free trade zone (FTZ) to facilitate cross-border financial transactions for corporate customers.

The International Finance Corporation (IFC) has expanded its partnership with Ahli United Bank Egypt (AUBE) in a bid to enhance the country’s international trade activity...

The European Bank for Reconstruction and Development (EBRD) and HSBC Egypt have combined to provide a $100 million financing facility for independent Egyptian exploration...

KfW IPEX-Bank and AWAS Aviation Capital have closed the seventh financing under their eight aircraft ECA supported financing facility.

The Banking Environment Initiative (BEI) has set out trade financing solutions aimed at increasing sustainability in the commodity trade sector, in a report entitled...

The Export Insurance Agency of Russia (Exiar) and Biaxplen, a subsidiary of Russia’s industrial group Sibur, have entered into a comprehensive export credit insurance...

Political risk insurance (PRI) broker Berry Palmer & Lyle (BPL Global) is expanding its operational scope in Asia with the hiring of Margaret Ho as a senior broker for...

Anton Martin has been appointed managing director and head of sales in global markets at the National Bank of Abu Dhabi (NBAD), bolstering the bank’s West-East corridor...

The renminbi (RMB) has achieved a symbolic milestone after it became the eighth most used currency for global payments, according to the Society for Worldwide Interbank...

Euler Hermes Americas has reached an agreement with HSBC to provide direct access to trade credit insurance (TCI) for the bank’s US customers, following a global...

HSBC has made three appointments to its global trade and receivables finance (GTRF) team, with Gerd Pircher becoming regional head, Latin America; Wei Wei Ng becoming...

Export Development Canada (EDC) has priced its first green bond in the principal amount of $300 million.

Qatar Shipping Company, a wholly owned subsidiary of Milaha, has secured a 12-year, $425 million (equivalent to QAR1.55 billion) fixed-term ship financing facility with a...

Houston-headquartered, specialist oil exploration company Pacific Drilling has appointed Paul Reese to the role of chief financial officer (CFO), effective 28 February...

The Japan Bank for International Cooperation (JBIC) and a commercial bank group have arranged a loan of $68 million for the Indonesian government to purchase trucks from...

Standard Chartered (StanChart) Bank Taiwan has completed a $40 million two way cross-border lending for Taiwan’s largest custom-made industrial elevator manufacturer,...

Asia’s leading business aircraft leasing company, Minsheng Financial Leasing (MSFL), has received a $210 million loan from Canada’s export credit agency, Export...

Standard Chartered (StanChart) has arranged two loans totalling €160 million ($215 million) for Perusahaan Listrik Negara (PLN), Indonesia’s national electricity company,...

Singapore-headquartered agri-group Wilmar International has mandated the banks for the launch of its new $1.75 billion revolving credit facility (RCF) syndication.

The Basel Committee has issued changes to the Basel III regulatory framework’s leverage ratio structure and disclosure requirements, following a consultation process on...