Korea Development Bank (KDB) has launched due-diligence proceedings of General Motors' local unit to decide whether to provide funds for the unit's troubled...

The EBRD has issued a $55 million dual-currency loan – $35 million in US dollars and $20 million equivalent in Turkish lira – to Entek Elektrik Uretimi,...

Korea Development Bank (KDB) is to offer a new $2.3 billion financial aid program - called KDB Global Challengers 200 - for small and medium-sized enterprises. It will...

When it comes to supply chain finance, the supplier onboarding process for bank originated SCF programs is worse than a root canal. Why? We are dealing with banks that...

ANZ has appointed Richard Dawson to Head of Loans & Specialised Finance, International. He will be based in Hong Kong and joins from KPMG in London, where he was...

Finnvera, Finland's export credit agency, has issued a €1 billion,15-year bond - its longest to date. The subscriptions rose to more than €1.3 billion with...

The Nordic Investment Bank signed 55 loans totalling €3,665 million in 2017, down from 58 loans worth €4,220 million in 2016, new figures show. Net profit...

China Paper Corporation is planning to build a paper factory with capacity of 700,000 tons per annum (t/a) in Russia, according to Xing Jiaxun, the company GM. The...

Commodity trader Trafigura Group has raised $400 million through its inaugural US dollar senior bond. The issuance, with a five-year maturity, saw 44% placed in Asia and...

Aerospace and equipment financing firm AirFinance has hired H Suha Kocabal to its business development team. He previously worked with TD Bank Group's Export Credit...

FinTech Australia is on the hunt for a new CEO as Danielle Szetho has resigned less than two years into the job. Sarah Worboys has been appointed as interim CEO. Until...

Glencore's Congolese subsidiary Kamoto Copper Company is facing a variety of financial risks which include the revised Mining Code and payments owed to companies that...

The International Finance Corporation has provided $55 million in long-term financing to Jalles Machado, a Brazilian sugarcane processor and a biomass producer. The...

Oil traders including Glencore and Vitol paid millions of dollars to a former PDVSA trader to get the inside track on Venezuelan oil deals, according to a lawsuit filed...

The Reserve Bank of India has initiated a special audit of state-owned lenders with focus on trade financing activities, especially relating to issuance of letters of...

UniCredit is looking to put the Bard Offshore 1 wind farm project company Ocean Breeze Energy up for sale with a price tag in excess of €1 billion. The 400MW wind...

Nordic Investment Bank and the Swedish pulp and paper manufacturer BillerudKorsnäs have signed a €78.5 million seven-year loan to finance part of the...

The European Banking Authority may have created a "roadmap" on how to regulate emerging finrech service but the body is not keen on creating a unified approach...

Aluminium Bahrain has appointed Adnan Hashim as its new Chief Financial Office. His most recent role in the banking industry was the CFO of NCB Capital - Saudi...

Struggling Hong Kong-headquartered commodity trader Noble Group is sell a Kamsarmax dry bulk carrier to Bianca Corp for $24 million in cash. The Hong Kong registered ship...