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05 August 2015

Wilmar releases Q2 2015 financial report

Asian agribusiness group Wilmar International (Wilmar) has announced an 18% increase in net profit to $201.8m for the quarter ended 30 June 2015. The group’s...

04 August 2015

ABN bolsters commodities division with senior hires

ABN AMRO is continuing to strengthen its energy, commodities & transportation (ECT) division with two senior appointments. The bank has promoted Friso Koopmans as global...

04 August 2015

EBRD boosts Egyptian trade with QNB Al Ahli facility

The European Bank for Reconstruction and Development (EBRD) has provided a $40 million trade finance facility to Egypt’s fourth largest commercial bank, QNB Al Ahli, in a...

04 August 2015

VEB: US sanctions won't affect us

Vnesheconombank (VEB), the Russian development bank, has said it does not expect its activities to be affected despite its subsidiaries having been put on the US...

04 August 2015

Surecomp's IMEX wins Swift label

Surecomp, a global provider of trade finance solutions for banks and corporations, announced that IMEX, its high-volume back-office trade finance solution for banks,...

04 August 2015

EBRD partners with QNB AlAhli to finance small firms, boost trade in Egypt

The European Bank for Reconstruction and Development (EBRD) is partnering with QNB AlAhl, Egypt’s fourth largest commercial bank, to step up its support for...

04 August 2015

UniCredit completes BPO transaction between M&G Polimeri Italia and BP

UniCredit has successfully completed a Bank Payment Obligation (BPO) deal for M&G Polimeri Italia, the Italian importer which is part of the third largest PET resin...

03 August 2015

SunEdison closes financing for Chile’s Quilapilun solar power plant

Renewable energy development company SunEdison has secured $160 million financing and started construction on the 110-megawatt (MW) DC Quilapilun solar power plant in...

03 August 2015

SACE collaborates with Italian fintech platform Workinvoice

SACE, the Italian export credit agency, has signed a collaboration agreement with digital start-up Workinvoice, the first Italian fintech platform for trading...

03 August 2015

EBRD invests in energy reform and transmission system upgrade in Tajikistan

The European Bank for Reconstruction and Development (EBRD) is providing a $110m loan to Barki Tojik, national power utility of Tajikistan, to finance...

03 August 2015

IFC enables Afriland to provide trade finance guarantees to Cameroon corporates

International Finance Corporation (IFC), a member of the World Bank Group, signed an agreement with Afriland First Bank Cameroon (Afriland) to enable it to expand its...

03 August 2015

TPP talks progress but no deal on Pacific trade

US trade representative Michael Froman said ministers were more confident than ever that a deal on the proposed Trans-Pacific Partnership was within reach, despite...

03 August 2015

GE may ship $10bn in work overseas as US Ex-Im Bank languishes

General Electric Co (GE) is taking steps to shift some US manufacturing work overseas now that the Export-Import Bank of the United States (US Ex-Im) will be shuttered...

03 August 2015

EBRD arranges $300 million syndicated loan for Kazakh Railways

The European Bank for Reconstruction and Development (EBRD) working together with a group of international commercial banks has arranged a $ 300 million syndicated...

31 July 2015

French government prepares to transfer management of state export guarantees to Bpifrance

The French government has announced on Wednesday that it will go ahead with its plan to transfer the management of state export guarantees, currently carried out by...

31 July 2015

Afreximbank to increase African footprint as it celebrates landmark term loan

The African Export-Import Bank (Afreximbank) is working to increase its footprint across the continent and broaden its role in African trade finance, Bank President...

31 July 2015

Bunge reports Q2 2015 results

Bunge, a global agribusiness and food company, has released its report for the second quarter of 2015. Main results included a total adjusted segment EBIT of $152m,...

31 July 2015

New fund platform to specialise in STCF products

GAO Capital (GAO) has announced a strategic alliance with Straits Financial Group (Straits) to collaborate on GAO Funds, a multi-strategy fund platform with a focus on...

31 July 2015

Koch adopts GT Nexus supply chain services

GT Nexus announced on Thursday that Koch Industries (Koch) has adopted the GT Nexus platform to enable end-to-end visibility of Koch’s transportation portfolio...

30 July 2015

Barclays, Sinosure team for $828m Zambian project financing

Barclays has collaborated with Chinese export credit agency (ECA) Sinosure to arrange $828 million in overall project financing for Zambia’s Maamba Collieries. The...