BofAML expands GTS team in London
Bank of America Merrill Lynch (BofAML) has made several appointments expanding its Europe, Middle East and Africa (EMEA) sales team within global transaction banking...
Bank of America Merrill Lynch (BofAML) has made several appointments expanding its Europe, Middle East and Africa (EMEA) sales team within global transaction banking...
Deutsche Bank has opened a new branch in Qingdao, China following the approval from the China Banking Regulatory Commission (CBRC). The Qingdao branch is the bank’s sixth...
Standard Chartered (StanChart) has set up a global treasury solutions team for its transaction banking business. The team is responsible for providing best practice...
Albania’s Union Bank Albania has been able to expand its trade finance offering following an injection of funds from the IFC. The funds will specifically be used to...
Russian fertiliser production company EuroChem has signed a $1.3 billion loan facility on a club basis. The transaction is unsecured, and as such is the company’s first...
Singapore-headquartered, agri-products producer and trading company Olam International (Olam) has signed a $400 million revolving credit facility (RCF), in a syndication...
BNP Paribas (BNPP) has completed a securitisation of commodity trade finance loan receivables, in a $131.6 million transaction through the special platform Lighthouse...
The Export-Import Bank of the United States (US Ex-Im) has approved a $105.4 million direct loan to Space Communication of Ramat Gan, Israel, to finance the Space...
Offshore drilling contractor Noble Corporation has signed a $600 million unsecured revolving credit agreement with a syndicate of banks. Noble Cayman is the borrower of...
Deutsche Bank is increasing automation in its trade payments processes with China. As of 1 September 2013, the bank will launch paperless cross-border payment services in...
KfW IPEX-Bank has arranged a €170 million ($227.5 million) loan for the Indian steel manufacturer Bhushan Power & Steel Limited (BPSL). The financing will be used for...
The Asian Development Bank (ADB) has signed to provide a $50 million five-year senior loan to Azerbaijan’s AccessBank. The loan comes on the heels of a $60 million loan...
Insurer Equinox Global, has made two hires expanding the trade credit team in the US and in Germany. The Lloyd′s cover holder specialising in trade credit insurance,...
India’s Essar Steel is looking to the trade finance and syndicated loan market to convert much of its existing debt to dollars. The company is hoping that pre-export...
The United Nations has announced the appointment of Arancha Gonzalez of Spain as executive director of the International Trade Centre (ITC), the joint agency of the...
The European Bank for Reconstruction and Development (EBRD) is providing a $25 million loan to RG Brands, a food and beverage producer in Kazakhstan. The loan, which is...
Joint sponsors Goldwind International Holdings (HK) Limited and Unión Eólica Panameña (UEP) have secured financing for Panama’s first wind farm.
Brazilian petrochemical products company Braskem has signed a $535 syndicated trade credit loan with a group of banks.
South Africa’s Nedbank and the Bank of China (BoC) have entered into a strategic business cooperation agreement to develop business flows between the People’s Republic of...
As part of its supply chain finance offering to corporates, Deutsche Bank has announced the launch of the financial supply chain manager on its Autobahn app market.
There’s agreement between lenders, ECAs and borrowers that sustainability needs to be at the heart of the export finance market. But they remain some distance apart on pricing and priorities.