The Italian export credit agency, SACE, has announced €200 million in new initiatives under study for Morocco.
Barclays has appointed Mandy Symons as its new head of capital expenditure (CAPEX) financing solutions, Africa. She makes the move to Barclays after working at Nedbank since 2000.
United Bulgarian Bank (UBB) has gained a $10 million credit line from the International Finance Corporation (IFC).
Ukrainian agribusiness company Kernel Group (Kernel) has gained a $50 million loan from the European Bank for Reconstruction and Development (EBRD).
The European Bank for Reconstruction and Development (EBRD) is providing a €6 million ($7.6 million), three-year syndicated loan to help develop micro, small and medium enterprises (SMEs) in Albania.
Nicole Bjugger has been appointed as global programme manager for supply chain solutions provider PrimeRevenue.
Andrew Betts will be joining HSBC’s senior global trade and receivables finance (GTRF) team as the regional head for the UK and continental Europe.
Santander has appointed Rogier Schulpen as managing director and global head of trade and working capital solutions.
The US export credit agency (ECA), the Export-Import Bank of US (US Ex-Im) has signed a $94.3 million direct loan to finance the export of 50 General Electric (GE) locomotives to Indonesian railway company, PT Kereta Api (PTKAI).
Gunvor Group (Gunvor) has launched the syndication of its European-centric $900 million revolving credit facility (RCF).
Commerzbank has hired Eva Steinhaus as its new director of structured export and trade finance in corporate banking for the Middle East region. She will be working from the bank’s offices in Dubai.
Aldermore Bank (Aldermore), having just launched a new trade finance product – the second product launched by their new specialist finance team – is looking to fill a gap in the market when it comes to financing for small and medium enterprises (SMEs).
The UK’s export credit agency (ECA), UK Export Finance (UKEF), has announced the first deal to be supported by the £3 billion ($4.8 billion) Direct Lending Facility (DLF) programme.
Canada’s export credit agency (ECA), Export Development Canada (EDC), is to provide C $12 million ($10.7 million) of direct financing to Toronto-based pharmaceutical company, Merus Labs, for a strategic acquisition.
A number of European and African institutions have teamed together in a triple tranche, overall $900 million project financing to fund a gas fired power station in Tema, Ghana.
Belarusbank has announced the official signing of a loan agreement with the Export-Import Bank of China (China Eximbank), China’s export credit agency (ECA).
Zurich Insurance (Zurich), has expanded its credit and political risk business with several key appointments and two new offices, opened in Houston and Toronto.
The German state-owned development bank, KfW IPEX-Bank, will provide a €100 million ($126 million) for the construction of the Kuolavaara-Keulakkopään Tuulipuisto Oy wind farm in Finland.
India’s largest provider of telecom tower infrastructure, Reliance Jio Infocomm Limited (RJIL), will receive a $750 million loan backed by Korean export credit agency (ECA), Korea Eximbank (Kexim).
The European Bank of Reconstruction and Development (EBRD) has signed a €20 million loan ($25 million) to Bulsatcom, a Bulgarian satellite television, internet and mobile operator.
British Exporters Association (BExA) has announced the launch of its manifesto for exporters, entitled ‘Winning the Global Race’. The launch happens alongside its 5th annual benchmarking publication ‘UK Export Finance: Supporting the National Export Challenge’.
The British Exporter’s Association (BExA) has just published its fifth annual benchmarking publication ‘UK Export Finance: Supporting the National Export Challenge’.
The Export-Import Bank of the United States (US Ex-Im) has approved two authorisations, worth $1 billion, for Mexico’s state-owned oil and gas company,Petróleos Mexicanos (Pemex). The guaranteed bonds will be issued in the capital markets.
Transnet has signed a 10-year contract for the export of coal via rail with the South African coal unit of the mining company, BHP Billiton (BHP).
The European Bank for Reconstruction and Development (EBRD) has announced it will increase its efforts in Ukraine.
Misys, the financial software provider, has teamed up with the global provider of watch list filtering solutions, FicroSoft to help banks comply with intensified trade finance regulations.
The International Finance Corporation (IFC), a member of the World Bank Group, is providing a $10 million subordinated loan and $5 million senior loan denominated in Tajik somoni (TJS) to Eskhata Bank.
Barclays Bank has appointed Louise Taylor as head of financial institutions group (FIG), corporate banking for the Asia-Pacific region.
The UK-based Aldermore Bank has launched a new funding facility aimed at importers and wholesalers.
Lloyds Bank has made three new additions to its global transaction banking (GTB) team. The three appointments are Keith Softly, Stephen Everett and Francesca Corscadden, who will all be based in London.
Eastern and Southern African Trade and Development Bank (PTA Bank), today announced that it signed a Memorandum of Understanding (MoU) with Deutsche Bank to establish an export credit guarantee programme.
China Merchants Bank (CMB) today announced the signing of a Memorandum of Understanding (MoU) with Deutsche Bank, signaling its intention to use the German headquartered bank’s Asia Accelerator solution when processing US dollar and euro intra-Asia payments.
Deutsche Bank announced new milestones for its payments product offering for financial institutions (FIs).
Nordic Investment Bank (NIB) has appointed Björn Ordell as its new chief financial officer, vice president and head of risk and finance.
Misys, the financial software provider, has just launched Misys FusionBanking Corporate FrontOffice, a unified corporate client front end, which is integrated with enterprise pricing and credit lifecycle management.
The export credit agencies (ECA), Export Development Canada (EDC) and Korea Trade Insurance Corporation (K-sure), have agreed to collaborate on transactions involving Canadian and South Korean companies. The move comes shortly after Canada and South Korea signed a landmark free trade deal, considerably increasing trade ties between the two countries.
SWIFT’s RMB Tracker, which provides a monthly report on the international use of the renminbi (RMB), has found that global RMB payments have nearly tripled in value over the past two years, with one third of financial institutions now actively using RMB for payments to China and Hong Kong. This signals a 35% growth in the number of institutions doing so.
The European Bank for Reconstruction and Development (EBRD) held its annual trade facilitation programme (TFP) trade finance forum in London on the 22nd and 23rd of September. The conference included a range of panels and presentations, on topics varying from local currency and capital markets development, to factoring in EBRD countries of operations.
The Asian Development Bank (ADB) has approved $150 million worth of project loans to upgrade two key barrages in Trimmu and Panjnad, located in the Punjab region of Pakistan.
Finnvera, the Finnish export credit agency, has agreed to guarantee between 50 and 80 percent of pre-delivery finance for cruise ships ordered by TUI Cruises GmbH, the Germany-based joint venture cruise line.
On November 26th we will be hosting our first ECA-DFI Finance conference in Asia, at the “Sky100" - up on the hundredth floor of the ICC building in Kowloon.
The US government’s development finance institution, Overseas Private Investment Corporation (OPIC), has approved support to a $100 million investment fund, geared towards promoting economic growth in Africa.
The International Finance Corporation (IFC) is to support the Myanmar commercial bank, Yoma Bank, with a $5 million convertible loan and advisory services.
İşbank, Turkey’s largest private bank, has secured a $1.3 billion loan from 41 banks across 18 countries. The loan has a one-year maturity period, and a one year extension option.
TXF asesses HSBC’s most recent global trade report, which focuses on the changing role played by emerging market economies in the landscape of the global economy.
The Royal Bank of Scotland (RBS) has appointed Rohit Sawhney as head of global transaction services (GTS), Asia-Pacific.
New York-based consultancy firm, Banksville Partners (BP), has appointed Hugo Pezzoni to its Buenos Aires office.
A new wave of coordinated sanctions, announced by the EU and the US today will target the biggest players in Russia’s vital energy and banking sectors. These latest changes constitute a considerable broadening of previously implemented sanctions, which only banned the export of high technology oil equipment into Russia.
EssDOCS, the provider of electronic documentation solutions within shipping and trade, has opened its first regional Americas headquarters office in Hoboken, New Jersey.
Export Development Canada (EDC), the Canadian export credit agency (ECA), has announced a €123 million ($159 million) loan to Spanish satellite communications operator Hispasat for the construction of a satellite by Canada’s MacDonald Dettwiler and Associates (MDA).
Available on demand: A premium online event focusing on recent and forthcoming developments across regional export & project finance with unbeatable networking opportunities across each market.
TXF is pleased to bring you an exclusive webinar event for commodity finance executives engaged in the Asia Pacific commodities market.
Roll up, roll up for TXF’s magnificent Export Finance Virtual World Fair 2020, take a ride across the world of global export finance from Asia, Mena, Europe to Africa, and the Americas
TXF Global Commodity Finance 2020 virtual event goes back to the future . Join deal makers from across the globe for an unmissable virtual event to explore all the current changes in the market.
The only dedicated forum for the APAC commodity finance community. Join dealmakers from across Asia-Pacific as we tackle key industry issues and analyse the latest deals in the market.
This is a fully virtual event, which allows uncapped, senior-level participation from all corners of the globe.
The ultimate guide to the German Export Finance bringing together senior attendees from banks and exporters gather every year to make new connections and plan ahead...
Roll up, roll up for the latest updates on Spanish Export Finance. This annual event will cover all current and future deals and explore new opportunities for the market.
4 virtual+ events in 1 day- we will be covering export finance of Germany, France, Spain and the UK in 1 day! Join the virtual event of your choice and be part of cross-country sessions
We're reuniting the French Export Finance industry to discuss trends in the market and make new valuable connections. Join us to get ahead of next year's deals.
Our first UK Export Finance event is taking place this December. Delve into the local market and make high-level contacts that might just lead to your next deal...
TXF is teaming up with Nigeria Investment Gateway to run this year's Nigerian Trade and Investment Summit. This will be a virtual event focusing on existing and new investment projects in Nigeria.
This virtual event will address those challenges head-on. We want to create an atmosphere that is inspiring and ideas led, that demonstrates the art of the possible for the export finance community.