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13 September 2016

Finnvera to provide financing for UK biomass plant

Finnvera - Finland's export credit agency - is putting forward £100 million in financing for a £650 million power plant fuelled solely by biomass,...

13 September 2016

ADB: 12 things about promoting trade finance in Asia

Find out, among many things, how many trade finance proposals by large, small. and women-owned corporations are rejected in this list by the Asian Development Bank.

13 September 2016

EBRD seals syndicated loan for Greece's OTE

The European Bank for Reconstruction and Development (EBRD) is providing a €339 million syndicated loan to Greece's Hellenic Telecommunications Organization...

13 September 2016

World Bank and China form Africa infrastructure firm

An infrastructure firm called China Overseas Infrastructure Development and Investment Corporation, with an initial $500 million investment, has been formed by China...

13 September 2016

SWIFT's Sanctions Screening hits 500 customers

SWIFT's Sanctions Screening service has hit the 500th customer milestone. The service screens financial transactions in real-time against more than 30 lists from...

13 September 2016

Rough seas still ahead for the shipping industry

The rough seas battering the global shipping industry are not likely to ease soon, insurer Euler Hermes said. Insolvencies in the container sector rose by more than...

13 September 2016

South Korea says tough luck to Hanjin as shipping line sinks

South Korea is sticking to its hard-line stance on Hanjin Shipping, leaving the company to fend for itself. Its main creditor, the Korea Development Bank, has also...

13 September 2016

CAF and NDB agree infrastructure MoU

The Development Bank of Latin America (CAF) and the New Development Bank (NDB) have sealed a memorandum of understanding (MoU) to work together on infrastructure and...

13 September 2016

Sibos 2016: Reinventing correspondent banking: Where next?

In the run-up to Sibos 2016, Societe Generale Global Transaction Services' Emmanuel de Bouard, global head of cash clearing services, discusses: "Reinventing...

13 September 2016

Deutsche Bank boosts Asia Pacific trade finance team

Deutsche Bank has made two trade finance hires in its Asia Pacific team. Jae-Sun Rah has been appointed director, head of trade finance and working capital advisory -...

12 September 2016

Withdrawal of CBRs by foreign lenders weigh on Arab banks

Arab lenders had been witnessing withdrawal of correspondent banking relationships (CBRs) with the foreign counterparts - especially in the US, the UK, Germany -...

12 September 2016

Serioplast expands in Turkey with Sace and Simest support

Italian ECAs Sace and Simest have announced a major integrated initiative to assist the expansion in Turkey of Serioplast, a Bergamo-based producer of rigid...

12 September 2016

Warid Telecom closes new landmark ECA deal in Pakistan

Due to the political and economic uncertainty surrounding Pakistan, international financing has been hard to come by for the South Asian country. Nonetheless,in July...

12 September 2016

Access Bank sees strong trade finance growth through Dubai

The Access Bank UK, a wholly-owned subsidiary of Access Bank, a Nigerian Stock Exchange-listed company, expects to see strong growth in its trade finance business linking...

12 September 2016

South African ECA seeks bigger role

The South African export credit agency, Export Credit Insurance Corporation (ECIC), is seeking to expand its role to become an "eximbank", enabling it to make...

12 September 2016

EBRD covers Poland's Arctic paper €30m loan

The European Bank for Reconstruction and Development (EBRD) is providing the Polish papaer producer Artic Paper with a €30m loan to finance investment in energy...

12 September 2016

Orrick warns of need for diligence amidst new Russian sanctions

The US Treasury Department's Office of Foreign Assests Control  has exapnded US sanctions relating to Russia highlighting the need for due diligence and other...

09 September 2016
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Agri/Soft Commodities, Infrastructure, Manufacturing & equipment, Metals and Mining, Oil & gas, Renewables, Transport

Japan eyes 'UN Security Council seat' with $30bn pledge to Africa

Japan's latest pledge to commit $30 billion in public and private support for infrastructure development in Africa is a "politically motivated" move to ensure the Asian...

09 September 2016

What the SH130 bankruptcy says about the state of US infrastructure finance

A Texan bankruptcy court is now examining a restructuring plan for the SH130 toll road, which has become a fascinating case study into the dangers of using Public-Private...

09 September 2016

KfW to help cover Silicor's $1bn move to Iceland plant

German development bank KfW has agreed to cover about 65% of US-based Silicor Materials' project to build a $1 billion plant in Iceland to produce solar-grade...