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18 November 2014

Ashurst further strengthens finance practice in Asia

International law firm Ashurst has appointed Chin Chuan Chen as a partner in its finance team in Beijing and Singapore. This is the latest appointment in a string of...

18 November 2014

Mercuria signs heavily oversubscribed Asia RCF

Swiss-headquartered, energy trading company Mercuria Energy has signed a $1 billion Asia-centric revolving credit facility (RCF), with the deal seeing an oversubscription...

17 November 2014

ANZ signs MoUs with China Development Bank and Baosteel

ANZ has signed two memorandums of understanding (MoUs) that will extend its relationship with the China Development Bank (CDB) and could boost available finance for the...

17 November 2014

Australia and China initial historic Free Trade Agreement

Earlier today, China and Australia signed the declaration of intent agreement landmark and much anticipated China-Australia Free Trade Agreement (ChAFTA). The agreement...

14 November 2014

Otkritie signs loan with Western banks

Russia’s Otkritie Financial Corporation Bank (Otkritie FC) has raised a $120 million syndicated loan from a group of foreign banks.

13 November 2014

Egypt to issue tender for PXF loan to repay oil debts

The Egyptian government has declared that it intends to issue a tender for a pre-export finance (PXF) loan amounting to $2 billion to help finance debt repayments to...

13 November 2014

IFC provides financing package as concern grows for trade flows with Ebola affected countries

As containment measures continue to restrict production and trade channels, concern is mounting when it comes to trading with countries affected by the Ebola epidemic, as...

13 November 2014

Mini Roy joins StanChart public sector group in New York

Following her departure from Sumitomo Mitsui Banking Corporation (SMBC) in September, Mini Roy has joined Standard Chartered Bank (StanChart) as managing director in the...

12 November 2014

Chile’s Codelco receives umbrella credit line from Canada’s EDC

Canadian exporters of mining equipment, engineering services, technology and services look set for a boost with the news that Chile’s state-owned copper production...

12 November 2014

RMB hub in Canada enhances trade relations with China

The People’s Bank of China (PBOC) has authorised the Canadian branch of the Industrial and Commercial Bank of China (ICBC) to serve as a renminbi (RMB) clearing bank in...

10 November 2014

SACE looks to increase activity in Kazakhstan

Italian export credit agency (ECA), SACE, has announced that it is examining €500 million ($620 million) worth of new projects in Kazakhstan.

07 November 2014

OW Bunker goes bankrupt amid alleged fraud in its Singapore subsidiary

OW Bunker, the Danish-owned, largest global independent marine fuel (bunker) company, has become bankrupt. The news has alarmed banks and traders alike.

04 November 2014

EBRD loan to support Egyptian SMEs

The European Bank for Reconstruction and Development (EBRD) has extended a $30 million credit line to the National Bank of Egypt (NBE) to support the development of small...

31 October 2014

Credit Suisse mandated as lead for Ethiopian Railway financing

Credit Suisse has been mandated by the Ethiopian government as the coordinating commercial facility arranger and export credit agency facility lead arranger for an $865...

31 October 2014

BU+20 Foreword

For many years, 80 to be exact, the Berne Union has prevailed as an expert resource for the credit and investment insurance community.

31 October 2014

Corporate wish list: what exporters and borrowers need from ECAs

Helen Castell discusses, with some of the world’s biggest exporters and borrowers, the changing role of export credit agencies (ECAs), the impact of political wrangles in...

31 October 2014

Trade finance – finally a light at the end of the crisis tunnel

Historically, the global trade finance market has been considered liquid and wellfunctioning. Nevertheless, after the beginning of the financial crisis in 2008, important...

31 October 2014

UKEF hits full stride in product innovation

The UK is in the front wave of countries which are adapting their export credit agencies (ECAs) to become more proactive, agile and innovative, writes David Godfrey,...

31 October 2014

Accountable cover policies in high risk markets – balancing country risk, portfolio and export promotion

Export credit agencies (ECAs) have the mandate to support their national exporters in doing business worldwide.

31 October 2014

Export credit rules: keeping up with the ECAs – and the politicians

In recent years, books and websites have been full of articles discussing the changing landscape of export credit financing.