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20 May 2014

Equinox Global expands London team

Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has appointed Vicki Harrison as finance director and Duncan Davies as portfolio account...

19 May 2014

Nyrstar secures EFIC support for Port Pirie redevelopment

Belgian-incorporated metals and mining company Nyrstar has signed a binding agreement for the final funding and support package for the redevelopment of the Port Pirie...

16 May 2014

Western banks launch FX cash management programmes in Shanghai FTZ

Western banks continue to make inroads in the provision of cash management structures and solutions for their clients operating in the Shanghai Free Trade Zone (FTZ).

15 May 2014

AfDB approves major loan for Angolan energy sector

The African Development Bank (AfDB) has approved a $1 billion loan for the Angola Power Sector Reform Support Programme.

14 May 2014

ING signs unsecured loan with Norilsk Nickel

Russian metals and mining company Norilsk Nickel has signed a $200 million unsecured loan with ING Commercial Bank (Russia).

14 May 2014
in
Agri/Soft Commodities, Infrastructure, Manufacturing & equipment, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

Sweden’s SEK and China’s BoC sign ‘green’ export finance facility

Swedish Export Credit Corporation (SEK) and Bank of China (BoC) have entered into a €100 million master export credit facility agreement specifically related to the...

13 May 2014

RBS launches RMB cross-border cash pooling

The Royal Bank of Scotland (RBS) has launched renminbi (RMB) cross-border cash pooling for multinational companies (MNCs) registered in the Shanghai Free Trade Zone...

13 May 2014
in
Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

FIMBank appoints head of trade finance

Malta-headquartered FIMBank has appointed Maarten van Alkemade as head of its trade finance department. A Dutch national, van Alkemade joins FIMBank from Coalogic,...

13 May 2014

Allianz Global appoints head of financial institutions in London

the role of head of financial institutions (FI) regional unit London. Her responsibilities will be to, drive the FI portfolio and work with new and existing clients....

12 May 2014

Commodities industry discusses challenges and opportunities ahead at TXF conference

Commodity producers, traders and financiers gathered in Amsterdam last week for TXF's inaugural Natural Resources & Commodities Finance conference. Held at the Beurs van...

12 May 2014

China Exim to fund Kenyan port rail link

The Chinese and Kenyan governments have signed an agreement whereby Chinese contractors will build a new rail link between the Indian Ocean port of Mombasa and the Kenyan...

08 May 2014

ABN appoints Chang as Asia head of commodities

ABN AMRO has promoted Jacqueline Chang to the newly created role regional head of commodities Asia, as part of an expansion of the bank’s global commodities activities...

08 May 2014

Equinox Global becomes Lloyd’s coverholder in the US

Equinox Global, the Lloyd’s coverholder specialising in trade credit insurance, has moved into a new office in New York and has been approved as Lloyd’s coverholder in...

08 May 2014

DEG finances German-Kenyan horticultural expansion

The German development bank, Deutsche Investitions- und Entwicklungsgesellschaft (DEG) is providing a loan of €3 million ($4.1 million) to the German horticulture company...

07 May 2014

Promotion for Mackay at StanChart Singapore

Scobie Mackay has been promoted to the position of head, commodity traders and agribusiness, trade finance at Standard Chartered (StanChart)in Singapore.

07 May 2014

AfDB seals risk agreement pact with UBAF

The African Development Bank (AfDB) has signed an unfunded $50 million risk participation agreement (RPA) with the Union de Banques Arabes et Françaises (UBAF), to...

07 May 2014

Bolero appoints new CEO

Trade documentation software specialist Bolero International has appointed Ian Kerr as its new chief operating officer (CEO).

07 May 2014

MIGA and IFC approve Nigerian energy loans

MIGA and the IFC have approved a package of loans and guarantees supporting a series of energy projects that will help boost independent power generation and ease...

06 May 2014

First Quantum closes debt syndication

First Quantum Minerals has closed the syndication of its $2.5 billion five-year term loan and revolving facility, which was increased to $3 billion through...

06 May 2014

AgFirst selects SunGard to help lending operations

AgFirst Farm Credit Bank, a US-based provider of funding and financial services to agricultural credit associations, has selected SunGard’s Ambit Commercial Lender to...