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17 March 2014

JB's weekly round-up - 17 March 2014

We are delighted to announce the results of our “Perfect 10” – the 2013 Deals of the Year. We received in excess of 150 submissions and so whittling so many fantastic...

14 March 2014

Norway's PGS to acquire Japanese vessels with ECA finance

One of Norway’s leading marine services providers, Petroleum Geo-Services (PGS), has secured export finance from Japan Bank for International Cooperation (JBIC) and...

13 March 2014

Investor group formed to finance new Ghana Commodity Exchange

An initiative, announced today, could soon see the establishment of the new Ghana Commodity Exchange (GCX). And beyond this, there is the potential for the GCX to become...

11 March 2014

Equinox Global strengthens London team

Trade credit insurance specialists ~Equinox^ Global have expanded their London team, hiring John Joseph as a senior credit analyst with immediate effect. Equinox reported...

11 March 2014

Deutsche appoint Anthony Lin China head of corporate bank

Deutsche Bank has appointed Anthony Lin as China head of corporate banking and head of trade finance & cash management for corporates (TF/CMC). Lin, who takes up the new...

07 March 2014

Major banks to take SWIFT action on KYC compliance

A group of major banks have joined forces with the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to collaborate on the development and use of a new...

07 March 2014

Investec strengthens London export finance team

South African headquartered bank Investec has further strengthened its export and agency finance team with the arrival of Mark Paton as regional head for Europe, based in...

07 March 2014

Magnolia LNG project moves forward with further FTA export rights

The US-based Magnolia LNG export project is moving forward with two major developments taking place this week.

06 March 2014

ING and CACIB arrange export credits for RusHydro

ING-DiBa AG (ING Bank) and Crédit Agricole Corporate & Investment Bank Deutschland (CACIB) have arranged two export credit financings for Russian power generating company...

06 March 2014

Zambia’s Zesco secures Swedish export credit financing

Zambia Electricity Supply Corporation (Zesco) has signed a $163 million export financing agreement with Nordea and Standard Bank to finance the company’s north-western...

05 March 2014

EBRD pledges huge financial support for Ukraine

The European Bank for Reconstruction and Development (EBRD) has demonstrated its support for crisis-hit Ukraine with a pledge to invest at least €5 billion in the country...

05 March 2014

US Ex-Im appoints James Burrows SVP for small businesses

James Burrows has been appointed senior vice president for the small business group at the Export-Import Bank of the United States.

05 March 2014

CGA of France launches new supply chain finance platform

Compagnie Générale d’Affacturage (CGA) of France, a fully-owned Société Générale subsidiary, has launched a new supply chain finance platform to support business growth...

05 March 2014

Armenian bank signs debut syndicated loan facility

Armenian bank Ardshininvestbank has signed its first syndicated loan facility with international lenders. Moreover, the transaction represents the first syndicated deal...

04 March 2014

Azeri Shah Deniz project receives loan from EBRD

The European Bank for Reconstruction and Development (EBRD) has agreed to extend a senior loan of $200 million to Lukoil Overseas Shah Deniz (LSD), a wholly-owned...

04 March 2014

IFC arranges financing for Stora Enso China project

The IFC is arranging financing to support the continued development of sustainable forestry in Guangxi, China for Stora Enso’s integrated state-of-the-art plantation,...

03 March 2014

Seaborn Networks mandates Natixis for Seabras-1 financing

Seaborn Networks (Seaborn) has mandated French bank Natixis to arrange the financing for Seaborn’s new submarine cable project, known as Seabras-1, linking commercial and...

03 March 2014

CACIB coordinates ECA-backed finance for Petredec

Singapore-headquartered LPG (liquefied petroleum gas) shipping and logistics company, Petredec, has finalised a $200 million export finance credit facility for the...

03 March 2014

ING Frankfurt expands export finance team

ING Bank has expanded its export finance team with the hiring of Marina Grigoryeva to work in their Frankfurt office.

03 March 2014

Turkey’s agri-sector gets boost with EBRD loan

Turkey’s agricultural sector has received a boost with a €25 million ($34.7 million) loan from the European Bank for Reconstruction and Development (EBRD). The funds will...