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Perspective
04 May 2016

Sace takes the lead in Iran

In late April, only four months after the trade embargo on Iran was lifted, Italy's Sace took the lead in the ECA space, guaranteeing €4 billion in credit lines to...

News
04 May 2016

Last call for Commodities Best in Class votes

It's the last chance to vote for the TXF Commodity Finance Awards: Best in Class 2016, with the deadline expiring at midnight tonight (Thursday 5 May). The TXF...

Perspective
04 May 2016

BEST SOFT COMMODITY FINANCE DEAL OF THE YEAR: Cocoa Touton $80m prepayment provides new dimension

The $80 million prepayment to Cocoa Touton Processing is a landmark financing for West Africa, bringing added-value processing on a major scale to Ghana. Jonathan Bell...

News
04 May 2016

Kexim signs $15bn financial package with Iran

The Export-Import Bank of Korea (Kexim) has agreed a $15 billion financial package with the Iranian central bank and government. The deal includes a $9 billion...

News
04 May 2016

Glencore may sell $2bn Kazakh gold mine

Swiss-headquartered commodity trader Glencore may put its biggest gold mine - the Vasilkovskoye project in Kazakhstan - up for sale in a bid to cut its debt. Glencore...

News
04 May 2016

KfW IPEX finances expansion of Australian light rail

KfW IPEX-Bank, the German export and project finance bank, has arranged financing for the expansion of the Gold Coast light rail system in Queensland, Australia. Five...

News
04 May 2016

Development banks must fill Asia's infrastructure gap

Development banks have to take on the currency risk of projects which are needed to fill Asia's $8 trillion infrastructure gap, a director at Germany's KfW...

News
04 May 2016

More SMEs using US Ex-Im products

The biggest challenge facing small and medium-sized enterprises (SMEs) is getting paid - prompting more to use the Export-Import Bank of the United States (US Ex-Im),...

News
04 May 2016

Sidley Austin hires project finance expert Gartside

Law firm Sidley Austin has hired project finance and development specialist David Gartside as a partner at its office in Singapore. He joins from White & Case.

News
04 May 2016

Citi names Gupte head of Singapore and ASEAN

Amol Gupte has been named as Citigroup's country officer for Singapore and head of Association of South-East Asian Nations (ASEAN). He replaces Michael Zink, who...

News
04 May 2016

How the IADB is restructuring its private sector financing

The Inter-American Investment Corporation (IIC), the private sector investment arm of the Inter-American Development Bank (IADB), is going through a self-described...

News
04 May 2016

Karim Habib joins Trade Finance Solutions

Trade Finance Solutions has taken on Karim Habib as managing director, business development. Based in Toronto, he is responsible for originating new business...

News
04 May 2016

Dispute may erupt over KDB/Kexim rescue of shippers

The rescue of struggling shippers and shipbuilders by the Korea Development Bank (KDB) and Export-Import Bank of Korea (Kexim) could spark a trade dispute with Europe,...

Perspective
03 May 2016

Iran and banks’ over-compliance hang-ups

So, thankfully, sanctions were lifted against Iran on 16 January 2016. Were they really? You would never know judging by the lack of activity and involvement by banks. On...

Perspective
03 May 2016

What does the future of trade hold?

Digitalisation is essential for companies looking to enter global trade, a new report finds. Trade stands to make huge efficiency and cost gains from digitalisation, and...

Perspective
03 May 2016

BEST METALS FINANCE DEAL OF THE YEAR: Oyu Tolgoï $200m RCF paves the way for project finance

Coming at a crucial time for Oyu Tolgoï in Mongolia, the $200 million revolving credit facility provided the working capital needed and lined the venture up for the...

News
03 May 2016

Struggling businesses trigger spike in trade credit claims

The Association of British Insurers has warned of a spike in claims against troubled businesses similar to the rise in the months leading to the 2008 financial crisis....

News
03 May 2016

IFC arranges $375m financing to boost Iraq's power sector

The International Finance Corporation (IFC) has arranged financing worth $375 million for an Iraqi power company to provide electricity to Kurdistan and Baghdad. The...

News
03 May 2016

Puerto Rico development bank in deal with creditors

The Government Development Bank for Puerto Rico has agreed a tentative restructuring deal with some creditors - after declaring it would skip a $422 million debt...

News
03 May 2016

Rise in bilateral trade deals a reality check for WTO

The relevance of the World Trade Organisation (WTO) is being threatened by the rise in bilateral trade deals across Asia, experts warned. The slow pace of multilateral...