Ukrainian crisis hits Western banks in different way to 2008/9
The crisis in Ukraine is one of considerable concern for all banks involved in the market. Potential exposure is considerable. But in a report released today by...
The crisis in Ukraine is one of considerable concern for all banks involved in the market. Potential exposure is considerable. But in a report released today by...
Malta-headquartered FIMBank has hired Thomas Degen to its senior management team.
The European Bank for Reconstruction and Development (EBRD) has joined forces with Nordea Bank to support a €123 million ($170 million) modernisation of two manufacturing...
Barclays Business has appointed Steve Childs as head of international and trade for business banking. He will be based in London, UK.
The IFC has launched a risk-sharing facility with Banque Internationale pour le Commerce et l’Industrie du Sénégal (BICIS) that will improve access to finance for the...
The European Bank for Reconstruction and Development has provided a boost to Morocco’s export and import community in the form of a $40 million trade finance line to...
Germany’s KfW IPEX-Bank (KfW) is providing a $109 million loan to Mississippi Silicon for the construction of a silicon metal manufacturing plant in the United States....
The Royal Bank of Scotland (RBS) has expanded its global transaction services division, appointing Ray Zabarte as its new head of trade services. Zabarte, who was...
Agricultural producer and trading company Bunge is in the market with a three year, $1.75 billion revolving credit facility (RCF).
Euler Hermes has signed an agreement with HSBC as the exclusive supplier of trade credit insurance (TCI) products to HSBC commercial banking customers in Malaysia.
The IFC has announced 25 financial institutions as its best partners in trade and supply chain finance for 2013. The presentations took place at the inaugural Global...
The Export-Import Bank of the United States has guaranteed a $300 million loan by the Apple Bank for Savings to China’s Minsheng Financial Leasing (MSFL) for the purchase...
In a strategic move, commodity trader Trafigura together with Trafigura Investment (China) has signed an agreement to acquire a 30% equity stake in the Jinchuan Group's...
With over 300 attendees at the IFC Global Trade Partners Meeting in Lisbon, Portugal over the past three days, the event demonstrates the success of the IFC’s various...
The National Bank of Egypt (NBE) has received the second half of a $100 million loan from the European Bank for Reconstruction and Development aimed at helping businesses...
South Stream Transport (SST) has placed an order for 75,000 12-metre pipes to be used in the construction of the South Stream pipeline in a sign of the project’s...
UK-headquartered specialist agricultural trader and broker ED&F Man has launched its annual revolving credit facility (RCF) into general syndication.
Chinese auto dealership Baoxin Auto Group has set up a non-quota-based renminbi (RMB) denominated two-way cross border sweeping transaction through Standard Chartered...
The African Export-Import Bank (Afreximbank) has signed a credit facility worth $20 million to Nigeria-based industrial company, Innoson Technical and Industrial Company...
Supply chain finance provider Crossflow Payments has strengthened its business development team with the appointment of Alistair Ward and Peter Renshaw as business...