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Perspective
08 October 2014

Gazprom’s Alexey Miller provides an overview of the global gas market outlook

Alexey Miller CEO and chairman of Gazprom addressed delegates about global gas industry outlooks and problems at the 4th St. Petersburg International Gas Forum held 7-10...

Perspective
08 October 2014

Cargill and IFC team for Cote d’Ivoire cocoa programme

The International Finance Corporation (IFC) and Cargill are investing $2.5 million to strengthen and expand the successful Cargill Coop Academy in Cote d’Ivoire. The...

Perspective
08 October 2014

PEFCO appoints new CEO and treasurer

New York headquartered Private Export Funding Corporation (PEFCO) has appointed Timothy Dunne as its president and chief executive, effective October 1.

Perspective
08 October 2014

BTMU appoints new group head of commodity and STF

The Bank of Tokyo-Mitsubishi UFJ (BTMU) has appointed Jean-Marie Le Fouest joined as managing director in its investment banking division for Europe, Middle East & Africa...

Perspective
07 October 2014

Sberbank arranges major credit lines for Gazprom Neft

With Gazprom Neft impacted by US and EU sanctions, the oil company is having to dig deep with Russian banks for substantial working capital and investment funds.

Perspective
07 October 2014

Brazil’s BBM gets IFC funding for agri-sector lending

Brazil’s Banco BBM (BBM) has received loans and guarantees from the International Finance Corporation, which it will use to expand access to finance for medium-sized...

Perspective
07 October 2014

UKEF announces first direct lending facility loan

The UK’s export credit agency (ECA), UK Export Finance (UKEF), has announced the first deal to be supported by the £3 billion ($4.8 billion) Direct Lending Facility (DLF)...

Perspective
07 October 2014

JB's weekly round up - 07 October 2014

Sibos 2014, held at the mega spaceship which is the Boston Conference and Exhibition Center, apparently had somewhere in the region of 7,000 people attending over the...

Perspective
07 October 2014

EDC to part finance Merus Labs acquisition of Swiss health product

Canada’s export credit agency (ECA), Export Development Canada (EDC), is to provide C $12 million ($10.7 million) of direct financing to Toronto-based pharmaceutical...

Perspective
07 October 2014

Vitol signs $7.5 billion RCF

Geneva-headquartered Vitol SA has signed its annual syndicated revolving credit facilities (RCF) totalling $7.5 billion.

Perspective
06 October 2014

International Factors Group appoints two new board members

International Factors Group (IFG) has elected two members to its board of directors.

Perspective
06 October 2014

Trafigura sees strong bank demand for US borrowing base facility

Trafigura AG, a wholly-owned subsidiary of Trafigura Beheer BV (Trafigura), has renewed its United States borrowing base credit facility, and extended the maturity to two...

Perspective
06 October 2014

Belarusbank signs loan agreement with China Eximbank

Belarusbank has announced the official signing of a loan agreement with the Export-Import Bank of China (China Eximbank), China’s export credit agency (ECA).

Perspective
06 October 2014

RMB and agencies collaborate to finance landmark Ghanaian power plant

A number of European and African institutions have teamed together in a triple tranche, overall $900 million project financing to fund a gas fired power station in Tema,...

Perspective
03 October 2014

Mercuria completes acquisition of JP Morgan’s physical commodities business

Mercuria Energy has today successfully completed the acquisition of parts of JP Morgan Chase’s physical commodities business. This follows the initial signing of the...

Perspective
03 October 2014

ING closes Coface-guaranteed financing for Korean Air

ING Bank has utilised its strong funding capability in Germany to successfully finance an ECA-backed Airbus delivery for Korean Air Lines (Korean Air).

Perspective
03 October 2014

New offices and senior appointments at Zurich credit and political risk

Zurich Insurance (Zurich), has expanded its credit and political risk business with several key appointments and two new offices, opened in Houston and Toronto.

Perspective
03 October 2014

KfW IPEX to finance Finnish onshore wind farm

The German state-owned development bank, KfW IPEX-Bank, will provide a €100 million ($126 million) for the construction of the Kuolavaara-Keulakkopään Tuulipuisto Oy wind...

Perspective
03 October 2014

Kexim signs largest telecom financing to date with Reliance

India’s largest provider of telecom tower infrastructure, Reliance Jio Infocomm Limited (RJIL), will receive a $750 million loan backed by Korean export credit agency...

Perspective
03 October 2014

Bulgarian telco receives EBRD loan

The European Bank of Reconstruction and Development (EBRD) has signed a €20 million loan ($25 million) to Bulsatcom, a Bulgarian satellite television, internet and mobile...