The International Chamber of Commerce (ICC) has hired Daniel Kok as its new general manager of the Singapore-based ICC Academy. He was previously the managing director...

Kenya's CFC Stanbic has secured a $135 million dual tranche loan to be used for general corporate purposes including trade finance. Emirates NBD Capital and...

The British Exporters Association (BExA) is holding a seminar in London on 23 May entitled 'Meeting the SME Export Challenge'. The event is free to attend.

The offshore wind sector has welcomed an increasing cast of lenders and investors over the last five years. But the bulk of development and financing activity is confined...

GT Law’s Gilles Thieffrey provides an update on the impact of Basel III on commodity trade finance and asserts that it will reshape the way commodity trade is being...

KfW, the German export and project finance bank, has signed a loan agreement for a proposed metro rail in Nagpur, India. The entire project consists of a 38-km metro...

International banks have stopped lending to Brazilian corporations or are demanding dollar-denominated collateral, it is claimed. None of the nation's banks or...

Petrobras, the Brazilian state-run oil group, is cutting 12,000 jobs. The losses will help save $9 billion at the company, which is struggling amid a corruption...

The European Investment Bank (EIB) has agreed a $512 million loan with India to finance a 23km metro line in Lucknow and buy a fleet of trains. It is the EIB's...

The Japan Bank for International Cooperation (JBIC) has agreed a $100 million credit line with Mexico's export credit agency Bancomext to finance green energy...

The African Development Bank (AfDB) has agreed a $228 million loan to improve a road that forms part of a trade route linking Kenya, Tanzania and South Sudan. The...

The African Development Bank (AfDB) is ready to act as a lead arranger for the financing of an oil pipeline in Kenya from which it would export crude oil.

KazMunaiGas has signed a $3 billion pre-payment facility - a vital win for the Kazakh oil and gas company which was in danger of breaching its existing loan covenants as...

Sierra Rutile is in talks with banks for its first pre-export financing as it plans to restructure its existing debt. However, many banks continue to be wary of lending...

EXIAR, Russia’s ECA, has backed a $130m loan to Atomstroyexport to build a nuclear power plant in India. TXF takes a closer look at the state-support behind the...

Chicago-headquartered law firm Baker & McKenzie has hired Michael Foundethakis as global head of its new Trade & Export Finance Group. Paris-based partner...

The Bank of Tokyo-Mitsubishi UFJ (BTMU) has hired Ayse Zadil as managing director, head of corporates and financial institutions, to its subsidiary of BTMU Turkey. She...

Earlier this month, Bangladesh sealed a $2 billion credit line from the Export-Import Bank of India for power development in a deal indicative of an exciting new trend...

The African Export-Import Bank (Afreximbank) and the Export-Import Bank of China (China Exim) have agreed to develop a $1 billion programme to aid trade and boost...

The Bank of China is to open a branch in Prague - the first Chinese bank in the Czech Republic. Apart from opening bank accounts, it will offer trade financing,...