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30 October 2013

Brightoil Petroleum secures funds from CDB

Hong Kong-listed Brightoil Petroleum (Holdings) has signed a $50 million loan agreement with China Development Bank Corporation (CDB) Hong Kong branch. The borrower of...

28 October 2013

Barclays provides bonds to Techflow Marine under UKEF scheme

Barclays has provided UK exporter Techflow Marine with a performance guarantee bond and warranty bond using the UK Export Finance (UKEF) bond support scheme.

25 October 2013

Trade finance and the BPO: World Trade Organisation Public Forum 2013

Alexander Malaket, president of OPUS Advisory Services International, and managing director of Trade Finance Associates Ltd, reports on the trade finance and BPO panel at...

25 October 2013

ICC in Vienna: regulation will lead to trade bank consolidation

Regulation was the key challenge identified by panelists at an engaging opening session of the ICC banking commission meeting in Vienna.

24 October 2013

Ghana TEN FPSO ship financing secured

Project financing has been secured for a floating production, storage, and offloading system (FPSO) for use in the Tweneboa, Enyenra, Ntomme (TEN) oil fields offshore...

24 October 2013

Kenya’s Triumph Power signs debt package for power plant

Standard Bank and the Industrial and Commercial Bank of China (ICBC) have signed a $108 million debt financing package with Triumph Power generating Company Kenya for the...

22 October 2013

Fortune Oil secures loan facility

Asia-focused Fortune Oil has signed a $300 million loan agreement. The new facility will be used to repay the existing syndicated loan, provide the Company with working...

18 October 2013

Kexim support for Iraqi gas field project

The Akkas Gas Field Project in Iraq, where South Korea’s Daewoo Engineering & Construction (Daewoo E&C) is working, is to receive $117 million in guarantees from the...

14 October 2013

EBRD provides funds to Garanti and Yapi Kredi for SMEs

The European Bank for Reconstruction and Development (EBRD) is providing funds to Garanti Bank and Yapi Kredi of Turkey to help small and medium-sized company (SME)...

20 September 2013

BNPP and KfW arrange Indonesian cement plant finance

BNP Paribas (BNPP) and KfW IPEX-Bank have arranged and signed export credit financing amounting to $98 million for the construction of the Tuban 2 cement plant in...

20 September 2013

Scotiabank rolls out first phase of CGI Trade360 platform

Canada’s Scotiabank has completed the Canadian rollout of CGI’s cloud-based, ‘software-as-a-service’ (SaaS) solution, CGI Trade360. The announcement was made at Sibos...

17 September 2013

Lloyds Bank teams with StanChart for Asian trade

The UK’s Lloyds Bank has signed a partnership agreement with Standard Chartered Bank (StanChart) to team in providing enhanced services to its clients importing from...

13 September 2013

Bankers see plenty of choice for growth within EMEA

Despite turmoil in much of the Middle East, the EMEA region has a wealth of opportunities for growth in trade finance. TXF talks with Sameer Sehgal and Anurag Chaudhary...

11 September 2013

Hard decisions required as trade finance enters a bold new era

Jonathan Bell examines the challenges the trade finance sector needs to confront, and find ways to work with, if it is to be a truly profitable business in the years...

11 September 2013

Trade finance in Canada: transition to transformation

Alexander Malaket weighs up the pros and cons as Canada’s provision of trade finance looks to service much more than big brother US next door.

23 August 2013

US Ex-Im grants new direct loan for SpaceX launch

The Export-Import Bank of the United States (US Ex-Im) has approved a $105.4 million direct loan to Space Communication of Ramat Gan, Israel, to finance the Space...

06 August 2013

Nedbank and Bank of China formalise alliance

South Africa’s Nedbank and the Bank of China (BoC) have entered into a strategic business cooperation agreement to develop business flows between the People’s Republic of...

30 July 2013

Kazakh rail sector boost with EBRD loan

The European Bank for Reconstruction and Development (EBRD) is providing the private Kazakh rail company JSC Olzha with a $24.8 million loan to support the development...

15 July 2013

FX Energy closes new senior credit facility

FX Energy has finalised a new five-year, up to $100 million senior reserve based lending facility. BNP Paribas (BNPP) acted as coordinating mandated lead arranger....

11 July 2013

StanChart signs bilateral RMB loan with Shenzhen International

The transaction marks the beginning of a new collaboration between both parties.