Global mining company First Quantum Minerals has reached an agreement with its bankers to amend a covenant within its existing trade facilities. Making the...

The electronic trade platform Bolero has announced that four major steel mills in Japan have now selected Bolero to use its ePresentation platform to facilitate faster...

Dubai-headquartered Orascom Construction (OC) has announced today that it is to move ahead rapidly with its planned 3,000 MW coal-fired power plant in Egypt, with an...

The Islamic Development Bank (IsDB) is providing Egypt with a $4 billion financing package in support of a selection of energy and infrastructure projects. The deals were...

Law firm Baker & McKenzie has expanded its presence in South Africa with the addition of leading projects and energy partner Kieran Whyte. He will be based in...

Hong Kong-headquartered commodity trading company Noble Group has hit back strongly today refuting allegations from a hitherto unknown entity – Iceberg Research - that it...

British export credit agency (ECA), UK Export Finance (UKEF) has signed an addendum to an existing memorandum of understanding (MoU) with Bancomext (Mexican Trade...

The Royal Bank of Scotland (RBS) has declared its intentions to wind down its non-UK cash management business, which includes trade finance.

UniCredit and the European Bank for Reconstruction and Development (EBRD) have combined to provide a credit facility for Kazakhstan’s Voskhod Chromium.

Allied Irish Banks (AIB) has entered into an agreement with global trade credit insurance Euler Hermes to support the exporting ambitions of Irish small and medium...

The French Ministry of Finance has announced that it is considering transferring the state export credit guarantees business from credit insurer Coface to Bpifrance, the...

The Russian economy depends on exports of natural resources and commodities. The Federal Statistics Service reports that these accounted for half a trillion dollars in...

The African Export-Import Bank (Afrexim) has announced that it is planning to launch a special trade finance programme to support Egyptian businesses trying to do...

The Norwegian Export Credit Guarantee Agency, GIEK, has issued two buyer credit guarantees for Norwegian shipping company Nor Lines to partly support the purchase of two...

The continuing energy price crisis, coupled with the depreciation of the rouble and international sanctions, will see Russia emerge as the energy industry’s ‘top loser’...

Rosneft’s chief executive Igor Sechin has hit out at oil cartel OPEC over its stance during the current energy price crisis, while also accusing the West of distorting...

Commerzbank has announced it will open a representative office in Abidjan, the economic capital of Ivory Coast.

The move to Seoul demonstrates the increased importance of Kexim and K-sure business to the firm

Former Chase Manhattan Bank, ABN Amro, Credit Agricole banker Irfan Afzal has joined Wimmer Financial as executive director – debt financing.

International Finance Corporation (IFC) and the Overseas Private Investment Corporation (OPIC), together with the support of the government of Canada have combined to...