Russia heats up Cuban trade ties with $4bn financing
In a sign that trade relations between Russia and Cuba are stepping up, Russia's ECA, EXIAR, has agreed to guarantee the bulk of a $4 billion finance agreement for Cuban...
In a sign that trade relations between Russia and Cuba are stepping up, Russia's ECA, EXIAR, has agreed to guarantee the bulk of a $4 billion finance agreement for Cuban...
Exporters have reduced their ratings of banks in 2016 following a challenging year in the industry as the regulatory burden takes its toll. Diminished results across key...
ECAs will be key to the UAE 2021 Vision infrastructure investment programme as commercial bank liquidity feels the pinch from low oil prices.
The UN’s Green Climate Fund (GCF) has been urged by a letter from 92 NGOs to blacklist coal-funding ECAs from its funds. However, one market observer says ECAs should not...
In recent years, European ECAs and development institutions have been playing an increasing role in financing wind farm projects around the world. Their involvement is...
Direct lending by ECAs based on floating interest rates, rather than the CIRR equivalent, is the source of export finance bankers' discontent, says a US Ex-Im senior...
Despite the economic uncertainty in Angola, EDC has agreed a financing for the country which will contribute to the completion of one of the final steps to opening a new...
The RCF – which matches last year's largest-ever facility secured by the company – was heavily oversubscribed and is indicative of continued lender appetite for the...
On 1 January 2017 the French export credit agency (ECA), Coface, will officially transfer all its activity to Bpifrance. Since 1946 Coface has handled state export credit...
Falling commodity prices have caused shortages in dollar funding for African producers and has led to a greater demand for trade financing from local SMEs.
Kexim last week provided a loan to finance the Prestea-Kumasi power enhancement project in Ghana as South Korea looks to compete with China and Japan for African...
African economies have been suffering of late from low commodity prices. However, the continent's largest trading partner, China, is investing billions – mostly via China...
Iran has set a target to install 5,000 MW of renewable energy capacity by 2021, and according to one lawyer, export credit agencies will be key to achieving that goal.
The UK government introduced dramatic cuts to renewable energy subsidies in August, just a month before Finland's ECA, Finnvera, closed a £100 million financing for the...
South Korea's ECA, Kexim, posted a net loss of $838.6 million for the first half of the year after bad debt provisions surged due to over exposure to struggling...
Although the total volume of the ECA finance market has reduced in recent years, in the first half of this year ECA direct lending was already $1.7 billion up on the...
At the end of last month, Finnvera and NIB signed a $225 million facility that will be onlent to a eucalyptus pulp mill project in Brazil. The deal represents the first...
Global trade numbers might be floundering, but the quality of export finance is gradually gaining in appreciation, especially since Spain's introduction of export finance...
BPL Global's Gina Fitzgerald introduces the concept of private trade credit & political risk insurance.
Due to the political and economic uncertainty surrounding Pakistan, international financing has been hard to come by for the South Asian country. Nonetheless,in July...