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25 November 2016

EU proposal amends CRD 4 and CRR rules

The export finance community can begin to breathe a sigh of relief after the EU Commission this week proposed several amendments to the CRD 4 and CRR rules, which if...

23 November 2016
in
Power, Transport

China Exim lights Egypt's path from fiscal deficit

This year Egypt has made significant cuts to fuel and electricity subsidies in a bid to make up the government's $10 billion fiscal deficit. China Exim’s recent $757...

22 November 2016

Merging public with private: Q&A with Belgium’s ECA

Belgium's export credit agency (ECA), Delcredere|Ducroire, announced last week at the Credendo Group's 2016 Trade Forum in Brussels that come 1 January 2017 the ECA would...

18 November 2016

Reliance taps K-sure with 'aggressive' pricing

Despite the global slowdown in the shipping industry, Reliance Industries' recent K-sure-backed facility for the construction of six VLECs was two times oversubscribed by...

16 November 2016

From Russia with love: Exiar steps up amid sanctions and falling ruble

This year Exiar has doubled its volume of insured exports compared to 2015 as an expanded government mandate begins to bear fruit. Max Thompson investigates the driving...

14 November 2016

The changing dynamics of risk in sub-Saharan Africa

Recent years have seen an enormous amount of optimism towards Africa, both internationally and within Africa. Ex-President of the African Development Bank, Donald...

10 November 2016
in
Infrastructure, Renewables, Transport, Waste and water

The post-Crisis transformation of ECAs

Export credit agencies (ECAs) played a key role in stabilising and preventing a complete drying up of the trade finance market following the financial crisis of 2007. Max...

07 November 2016

Political risk and political violence in South-East Asia

Political volatility and political violence have increasingly provided cause for concern in South-East Asia over the course of 2016. Concerns include an uptick in...

03 November 2016

Brazil bounces back as Temer tempers economic storm

Over the past two years, Brazil has suffered from its worst recession since the 1930s. However, since the appointment of conservative President Michel Temer, Latin...

27 October 2016

UAE secures $24.4bn for its first nuclear power plant

Kexim will provide a $2.5 billion direct loan to a Korean Electric Power Corporation (Kepco)-led consortium to fund the construction of four 1,400 MW nuclear reactors at...

25 October 2016

JBIC waives Indonesian government guarantee in new balance sheet play

JBIC has announced plans to fund infrastructure projects in Indonesia without guarantees from the Indonesian government. The 'new trend' makes Japanese exports more...

24 October 2016

India Exim's $750m LoC to Nepal looks to cement frosty trade ties

India and Nepal look to fortify trade ties that have come under strain in recent years, as India's Prime Minister Narendra Modi attempts to implement his 'Neighbourhood...

21 October 2016

Exporters financing costs increase amid geopolitical uncertainty

Exporters across a number of industries have seen gaps emerge between them on the cost of their financing. According to TXF/Clevis Research’s 2016 Exporter Survey,...

21 October 2016
in
Infrastructure, Oil & gas, Power, Renewables, Transport

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...

19 October 2016

Exporter Survey ‘16: Diminished risk appetite causes bank performance slump

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...

19 October 2016
in
Infrastructure, Power, Renewables, Transport

Coface, Cesce power Dubai Metro as ECAs eye UAE infra push

ECAs will be key to the UAE 2021 Vision infrastructure investment programme as commercial bank liquidity feels the pinch from low oil prices.

17 October 2016
in
Metals and Mining, Power

ECAs and NGOs clash over UN’s Green Climate Fund

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...

14 October 2016

European ECAs propel the future of wind farm projects

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...

13 October 2016
in
Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

UPDATE: Floating rate not CIRR undercutting export finance market, says US Ex-Im senior exec

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...

12 October 2016
in
Infrastructure, Transport

EDC flouts Angola risk for landmark locomotive deal

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...