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15 September 2016

EU wants EIB to fund defence projects

Restrictions on the European Investment Bank (EIB) - which normally funds infrastructure - should be scrapped so it can finance defence projects, according to Jyrki...

15 September 2016

EKF to offer innovative groups cheaper credits

Danish export credit agency EKF has signed a deal with the European Investment Fund (EIF) which means EKF will be able to guarantee credits for innovative exporters in...

15 September 2016

Misys and essDOCS unite against paper-based trade

Financial software groups Misys and essDOCS are working together to increase paperless trade. EssDOCS' electronic documents capabilities will be integrated with...

15 September 2016

NIB buys green bonds to boost environmental projects

The Nordic Investment Bank (NIB) is working with Handelsbanken, Nordea and SEB as arrangers for green bond issuing. The move will help NIB finance green projects.

15 September 2016

Intellect Design's payment hub is live with CIBC

Canadian bank CIBC has implemented phase one of Intellect iGTB's next generation payments infrastructure. The group's Payments Services Hub is a centralised...

15 September 2016

DS-Concept boosts Taiwan footwear business

DS-Concept has provided a Taiwan-based footwear company with a $3 million export factoring facility. The manufacturer will use the facility to boost growth in the US.

14 September 2016

Ishka View: Long wait ahead for Airbus ECA cover

The Ishka View is that Airbus's claims that its issue with the UK's Serious Fraud Office which has prevented cover from UKEF and other European ECAs could be...

14 September 2016

Sinosure downgrades sovereign credit rating of 13 countries

The China Export and Credit Insurance Corporation (Sinosure) has downgraded the sovereign risks levels of 13 countries, including Cambodia and Myanmar. Its 2016 Sovereign...

14 September 2016

Coface role in OneWeb satellite project remains unclear

Coface, the French export credit agency, is looking into the proposed OneWeb global internet-delivery satellite constellation but it remains unclear whether the group...

14 September 2016

JBIC signs MoU for Russian-Far East investment platform

The Japan Bank for International Cooperation (JBIC) has signed a memorandum of understanding (MoU) with two Russian groups to establish the Russian Far East Advanced...

14 September 2016

Caja de Valores joins SWIFT network

Argentina's Caja de Valores - a central securities depository - has joined SWIFT's network. It will now execute all its global transactions via SWIFT.

14 September 2016

Shipping woes lead to Kexim losses

The Export-Import Bank of Korea (Kexim) recorded $838.6 million in losses during the first half of the year. The lender had to put aside much bigger loss reserves to...

14 September 2016

Sibos 2016: Discussing interoperability in payments

In the run-up to Sibos 2016, three experts from Societe Generale Global Transaction Services discuss "Payments interoperability across communities and...

14 September 2016

Automotive market: Who's racing ahead, who's crashing?

A report into the automotive sector by insurer Euler Hermes reveals Russia and Brazil are out of the race as new vehicle registrations plummet. Europe and the US have...

14 September 2016

BAFT releases FATCA guidance on trade product fees

BAFT, an international financial services association, has released its Foreign Account Tax Compliance Act (FATCA) Guidance: Traditional Trade Product Fees Sourcing...

13 September 2016
in
Agri/Soft Commodities

Is Cofco set to break open the agri market?

Following the complete purchase of commodities traders Nidera and Noble Agri, Cofco, the Chinese state-backed trading house, could be set to move on a market suffering...

13 September 2016

ADB: Bringing trade finance to the Pacific

Trade finance is virtually unknown in the Pacific. Vast distances, small economies, a preference to do business using cash, and traditional banking methods have all...

13 September 2016

SACE and Armenian ECA agree to boost business

Export credit agencies SACE and Export Insurance Agency of Armenia have signed a collaboration agreement to boost business opportunities between Italy and Armenia.

13 September 2016

ECAs to be involved in GoviEx Uranium's Niger project

Export credit agencies are expected to be involved in the financing of Canadian mineral resource company GoviEx Uranium's development of its Madaouela Uranium...

13 September 2016

UKEF funded loans for foreign metals firm amid UK steel crisis

UK Export Finance gave multibillionaire-owned Russian iron ore giant Lebedinsky GOK £82.8 million in buyer's credit while the British steel industry was...