Swiss-based commodity trader Glencore has sold a 40% stake in its agricultural unit to Canada Pension Plan Investment Board for $2.5 billion. Glencore is selling...

Export Finance and Insurance Corporation (EFIC), Australia's export credit agency, is to increase exports of small and medium-sized enterprises (SMEs). Its small...

The Russian Agency for Export Credit and Investment Insurance (EXIAR) and Materia Medica Holding have sealed a one-year insurance policy. EXIAR will insure...

The African Export-Import Bank (Afreximbank) wants intra-African trade to rise by at least 50% to $250 billion in the next five years. It is implementing the...

Twenty-one banks are piloting SWIFT's global payments initiative to improve cross-border payments. The banks include Bank of America Merrill Lynch, Standard...

The Inter-American Development Bank (IADB) provided $3.8 billion for projects involving climate change adaptation and mitigation, renewable energy and environmental...

A third batch of tariffs have been cut as part of the Japan-Australia Economic Partnership Agreement. Tariffs on more than 1,200 products have fallen. Some 92% of...

KfW has signed a €500 million loan to part-finance the construction of the Nagpur Metro. The facility is the biggest promotional loan issued by the bank in a decade and...

In a move that highlights traders’ ability to succeed in volatile markets, Trafigura last week signed a $5.1 billion syndicated revolving credit facility and its largest...

The New Development Bank (NDB) is to lend up to $300 million for solar projects in Karnataka, India. The financing will be allocated for governmental photovoltaic...

Airbus Group, one of the world's largest aerospace companies, has written to its 15,000 UK employees to warn about the risks of voting to leave the European Union....

Nippon Export and Investment Insurance (NEXI) is offering trade insurance for infrastructure and other projects sponsored by regional governments and public companies....

The Export-Import Bank of Thailand (Thailand Exim) has appointed Thanat Sorraraksin as first vice-president (VP) of business promotion department 2, Vitavus Punyalam...

Ukraine-based mining and steel group Metinvest has subordinated the debt to its shareholder on eurobonds being restructured and pre-export financing (PXF).

The two candidates hoping to lead the European Bank for Reconstruction and Development (EBRD) for the next four years, incumbent Suma Chakrabarti and rival Marek...

The Export-Import Bank of Korea (Kexim) has agreed a $20 million trade finance deal with home electronics company Dongbu Daewoo Electronics. The company will receive...

US-based Rosenthal & Rosenthal, which specialises in factoring and asset-based lending, has made Robert Schnitzer its senior vice-president (VP). He will be...

The Export-Import Bank of India (India Exim) has signed a memorandum of understanding (MoU) with the Islamic Development Bank (IsDB) over a potential $100 million line...

Deutsche Bank has completed the first transaction under the recently implemented cross-border payment structure for car-part supplier Hella. It links the company's...

Law firm Holman Fenwick Willan (HFW) has began a formal association with Wintell & Co in the Shanghai Free Trade Zone and in Tianjin, China.