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Perspective
06 February 2014

World economy: 10 game changers for 2014

The new year is set to usher in new political risks, largely focused around upcoming elections in India, Brazil, Turkey, South Africa and Indonesia. Some of the old risks...

Perspective
05 February 2014

EDC opens in Bogota to tap further business in the region

Canada’s export credit agency, Export Development Canada (EDC), has continued its expansion across the Andes with the establishment of a permanent representative office...

Perspective
05 February 2014

Investec expands export finance team with new hires

South African headquartered bank Investec is expanding its export finance team with the hiring of two highly experienced export finance professionals.

Perspective
05 February 2014

Deutsche establishes new global solutions unit

Deutsche Bank has established a new global solutions unit in the trade finance/cash management for corporates (TF/CMC) section of its global transaction banking division,...

Perspective
05 February 2014

HSBC appoints Carlos Gonzalez Fillad as LatAm head of payments

HSBC has appointed Carlos Gonzalez Fillad, formerly head of multinationals for its global banking business, as its new regional head of payments and cash management (PCM)...

Perspective
04 February 2014

Vestas appoints lead banks for new trade facility

Danish wind turbine manufacturer and wind project developer Vestas has appointed lead banks to arrange an €850 million ($1.16 billion) credit facility. Vestas has...

Perspective
04 February 2014

NTPC secures power financing from JBIC and SMBC

India’s National Thermal Power Company (NTPC), the country’s largest power provider, has secured $430 million in financing after signing two loan agreements with the...

Perspective
04 February 2014

Fundtech hires Kyle McGaffey as head of Americas sales

Fundtech, the global transaction banking solutions company, has hired Kyle McGaffey as its head of sales for the Americas. McGaffey’s role will be to lead Fundtech’s...

Perspective
03 February 2014

Banks arrange finance for GranEnergia multi-service vessel

Mizuho Bank and Itaú BBA International have arranged financing for Rio-based oil and gas firm GranEnergia to purchase and take delivery of a multi-service vessel, named...

Perspective
03 February 2014

Banks flock to Trafigura RCF despite reduced pricing

Commodity trader Trafigura is understood to have secured a significant reduction on the pricing of its $4 billion revolving credit facility (RCF) currently in the market....

Perspective
03 February 2014

ICBC poised to acquire Standard Bank’s London arm

The Industrial and Commercial Bank of China (ICBC) is to buy a 60% stake in Standard Bank’s London-based Global Markets business for $765 million, making it China’s first...

Perspective
03 February 2014

United Arab Bank introduces trade portal for corporates

Sharjah-headquartered United Arab Bank (UAB)has launched an online trade portal recently, which is designed to transform the ease and speed with which corporate customers...

Perspective
03 February 2014

JB's weekly round-up - 6 February 2014

There was much talk and media attention towards the end of last year around the Citi and Santander Trade MAPS securitisation programme. And the subject of securitisation...

Perspective
03 February 2014

Electronic Shipping Solutions rebrands as essDOCS

Electronic Shipping Solutions (ESS) has today announced its rebrand to essDOCS (pronounced ‘sDocs’), a new identity that balances it’s electronic shipping solutions...

Perspective
03 February 2014

Andrew England leaves Lloyds

Andrew England, head of transaction banking at Lloyds, has left the bank after his role was incorporated into a new operating structure led by Ed Smith. The transaction...

Perspective
03 February 2014

Moroccan juice producer Citruma receives EBRD loan

Moroccan juice producer Citruma has received €5.5 million ($7.4 million) in financing from the European Bank for Reconstruction and Development (EBRD), to fund the...

Perspective
03 February 2014

VTB provides guarantees to Finnish-Russian shipping JV

VTB Bank has signed a general agreement with Arctech Helsinki Shipyard, in which Russia’s United Shipbuilding Corporation (USC) has a major shareholding. The agreement is...

Perspective
31 January 2014

Atek receives credit boost from VTB

Bashkortostan-based oil trader Atek has received a boost from VTB Bank in the form of a credit facility with a RUB 5 billion ($142 million) limit.

Perspective
31 January 2014

EBRD provides drinking water loan to Morocco’s ONEE

Morocco’s Office National de l'Electricité et de l'Eau Potable (ONEE) is to receive a €65 million ($88 million) sovereign guaranteed loan from the European Bank for...

Perspective
29 January 2014

Suek signs syndicated PXF facility

Russian coal mining company Siberian Coal Energy (Suek) has secured a five-year, $1.5 billion syndicated pre-export finance (PXF) facility. The deal was signed on 28...