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07 September 2016

India Exim to launch portal to help SME exports

The Export-Import Bank of India (India Exim) is setting up an 'Exim Mitra' portal to encourage small and medium-sized enterprises (SMEs) to export. It aims to...

07 September 2016

Virtual currencies unlikely to crowd out fiat currencies

New research by SWIFT shows fiat currencies are unlikely to be overtaken by virtual currencies; while bitcoin is mainly used as a speculative investment.

07 September 2016

Matthew Colwill resigns as Katanga CFO

Matthew Colwill has resigned as chief financial officer of Katanga Mining, which operates a major complex in the Democratic Republic of Congo. He is leaving next month...

07 September 2016

Sibos 2016: Utilising continuous delivery

Societe Generale Global Transaction Services' Philippe Mirland, head of business solution engineering, and Jean-Luc Smadja, head of IT systems, discuss:...

07 September 2016

UKEF: Pat Cauthery to lead aerospace and defence

Pat Cauthery has been appointed UK Export Finance's (UKEF) new head of aerospace and defence. He is a veteran of the export credit agency, with his most recent...

07 September 2016

ADB: Global trade finance gap hits $1.6trn

The global trade finance gap has reached $1.6 trillion after financial institutions failed to support buyers and sellers, according to new research by the Asian...

07 September 2016

EBRD supports Podravka's global expansion

The European Bank for Reconstruction and Development (EBRD) is providing a financing package of up to €123 million to the Croatian food and pharmaceutical...

07 September 2016

Sinosure to enter Cambodian insurance market

The China Export and Credit Insurance Corporation (Sinosure) is set to enter Cambodia's insurance market. The move would boost Chinese trade and investment with...

07 September 2016

CBC provides factoring facility to toy distributor

Trade finance group Capital Business Credit (CBC) has provided a $5 million factoring facility to US-based toy distributor Jam'n Products, lending on both account...

07 September 2016

Japan to boost investment in Iran

Japan has agreed to increase its infrastructure investment in Iran. The Japan Bank for International Cooperation and Nippon Export and Investment Insurance have...

07 September 2016

Jurgen Rigterink is new CEO of FMO

Jurgen Rigterink has been named as the new chief executive officer (CEO) of Dutch development bank FMO. He has been a member of the management board since 2008 and...

06 September 2016

Global trade financing down 9% after impact of Asia slump

Coalition’s H1 2016 report on corporate and investment banks shows a continued decrease in trade finance volumes globally with Asia-Pacific bearing the brunt of the...

06 September 2016

Mizuho boosts team with hire of Tim Lamey as EMEA head of export finance

Mizuho Bank has boosted its team in the EMEA region with the hire of Tim Lamey as head of export and structured trade finance, EMEA. The appointment will give Mizuho a...

06 September 2016

Scipion Capital hires Paul Baker to new trade finance head role

Scipion Capital, the London-based Africa-focused commodity trade finance investment manager, has hired Paul Baker as head of trade finance, a newly created role. He...

06 September 2016

CDB to finance Kazakh petrochemical complex

The China Development Bank (CDB) is to finance a petrochemical complex in the Atyrau region of Kazakhstan. The $2 billion project will produce 500,000 tonnes per year...

06 September 2016

Turkey's TEB closes syndicated loan facility

Turkey's Turk Ekonomi Bankasi (TEB) has sealed a €352 million and $205 million dual tranche dual currency term loan syndicated facility. The money will be...

06 September 2016

ADB appoints Ingrid van Wees as vice-president

The Asian Development Bank has appointed Ingrid van Wees as vice-president for finance and risk management. She succeeds Thierry de Longuemar.

06 September 2016

Michael Vallance makes Santander move

Santander Corporate & Commercial has hired Michael Vallance as the new UK transaction banking and cash management head. He will be based in London.

06 September 2016

White & Case hires De Rosenzweig Mendialdua

International law firm White & Case has boosted its global project finance practice by hiring Francisco de Rosenzweig Mendialdua as a partner in its Mexico City...

06 September 2016

Sibos 2016: Utilising compliance data assets

In the third in a series, Alain Bozzi, Societe Generale head of group compliance, discusses "utilising compliance data assets to generate new business...