The troubled Export-Import Bank of Korea (Kexim) is considering a big bath. The bank's non-performing loans have shot up amid the restructuring of South Korean...

Trade finance is being increasingly neglected as banks refocus on core markets and slash costs in the face of mounting risks and regulatory pressures. It’s an area of...

BNDES, Brazil's state development bank, has approved a $109 million loan to support the development of four wind farms in Ceara state, in the north-east of the...

BPL Global, the credit and political risk insurance broker, has hired Cindy Gunawan as a broker to boost its Asia Pacific team. Gunawan was previously a senior...

Trade Finance Global has launched a programme for finance directors and professionals. It provides an in-depth course in trade and structured finance, including...

Insurer Coface foresees a net loss ratio of 63% to 66% for the full year compared with 52.5% in 2015 amid the development of claims in emerging countries at a higher...

HSBC Commercial Banking has appointed Stuart Tait as head of commercial banking, Asia-Pacific. He will relocate to Hong Kong from London. The bank has appointed...

Ukrainian agribusiness Kernel has renewed a one-year pre-export credit facility (PXF) with a limit of $215 million with a syndicate of European banks. The money will...

The Japan Bank for International Cooperation (JBIC) is providing $1.16 billion in financing for an eastern Indonesian liquefied natural gas (LNG) project taken on by...

Nigeria is looking to work with the Export-Import Bank of China (China Exim) in a bid to increase trade between the two nations.

The Asian Development Bank and New Development Bank have penned a memorandum of understanding (MoU) to work together on sustainable development projects in renewable...

Insurer Coface has hired Thierry Croiset as group risk director. He joins from GE Capital and will report directly to chief finance and risk officer Carine Pichon.

The past month of June has been a busy time for TXF, with two of our landmark conferences – TXF Rome and TXF London – blazing their way into the market and both proving...

TXF has joined forces with YellowWood Adventures to afford TXF subscribers discounted rates for adventure travel tours through Ethiopia’s iconic mountain ranges.

Iran insists it is under no obligation to buy the Airbus A380 superjumbo jets it preliminarily agreed to earlier this year. Tehran said it had "freedom to...

The World Bank is set to finance the Azerbaijan and Turkey section of the Southern Gas Corridor to Europe. It has been dubbed the "biggest infrastructure project...

Brazil's state-run oil group Petrobras has told its Indian partners in a huge project in Sergipe to not expect oil from the site until 2022. Partner IBV has...

Insurer Coface has issued a gloomy forecast for 2016 as the global corporate risk reaches peak level, with three leading markets becoming fragile and an increasing...

US lawmakers are working to stop the Export-Import Bank of the United States (US Ex-Im) from providing taxpayer-backed financing directly or indirectly to Iran.

Leading executives at the Export-Import Bank of Korea (Kexim) and Korea Development Bank (KDB) will return bonuses ahead of state recapitalisation. The banks are badly...