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...
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...
Barclays has provided UK exporter Techflow Marine with a performance guarantee bond and warranty bond using the UK Export Finance (UKEF) bond support scheme.
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...
Regulation was the key challenge identified by panelists at an engaging opening session of the ICC banking commission meeting in Vienna.
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...
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...
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...
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...
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)...
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...
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...
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...
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...
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...
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.
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...
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...
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...
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....
The transaction marks the beginning of a new collaboration between both parties.
Andy Bagus, senior vice-president treasury and strategic finance, at Indonesia’s national oil company Pertamina discusses project and export finance strategy amid a volatile global market. He views his role like being an air traffic controller.