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21 June 2016

Intellect iGTB hires Herber De Ruijter

Intellect iGTB has appointed Herber De Ruijter as its new head of digital, responsible for product strategy and development of the company's offerings for...

21 June 2016

Nigeria central bank expands export credit facilities

The Central Bank of Nigeria has expanded the Export Credit Rediscounting and Refinancing Facilities by N50 billion. It will invest in a N50 billion debenture to be...

21 June 2016

EIB agrees billions in new project financing

The European Investment Bank (EIB) has agreed €7.4 billion in new financing for 38 projects across Europe and around the world. It includes 17 projects backed by...

21 June 2016

Synergy Resources has borrowing base reaffirmed

US-based oil and gas group Synergy Resources has seen the borrowing base on its revolving credit facility reaffirmed at $145 million. The borrowing base is currently...

21 June 2016

EXIAR insures exports of Russian pipes to CIS nations

The Russian Agency for Export Credit and Investment Insurance (EXIAR) is backing exports of Vyska Steel Works' electric welded pipes to nations in the Commonwealth...

21 June 2016

Vitol Group hires Pierre Barbe as Africa head

Commodity giant Vitol Group has appointed former Total trader Pierre Barbe as head of its African activities. Barbe, who will be based in London, was the global head...

21 June 2016

Afreximbank and DBRB agree to finance exports

The Development Bank of the Republic of Belarus (DBRB) and the African Export-Import Bank (Afreximbank) have agreed to co-finance the supply of Belarusian machines,...

21 June 2016

NEXI backs Qatar metro project

Nippon Export and Investment Insurance (NEXI) is to provide export credit insurance for Japanese companies working on the Doha Metro project in Qatar. NEXI will cover...

21 June 2016

NLMK Sales Europe seals RCF

Law firm Hogan Lovells acted for Amsterdam-based ING Bank in its capacity as co-ordinating bookrunner and mandated lead arranger in a €130 million borrowing base...

20 June 2016

Seaborn CEO: Laying the foundations for subsea ECA support

On the sidelines of TXF's Export, Agency and Project Finance conference in Rome, Max Thompson caught up with the CEO of Seaborn Network, Larry Schwartz, to find out more...

20 June 2016

Iran clears debt with German ECA

Iran has repaid its debt to the German export credit agency, Euler Hermes, the Iranian ambassador to Berlin said on Sunday. Iran had owed Germany approximately...

20 June 2016

Creativity on the rise in supply chain finance, says DHL CFO

Fabio Manca, chief financial officer of DHL, gives an exclusive interview to TXF at our London conference, discussing the evolving supply chain finance landscape.

20 June 2016

Russian and French funds invest in tableware manufacturer

The Russian Direct Investment Fund (RDIF) and CDC International Capital (CDC IC), a subsidiary of the French sovereign financial institution Caisse des...

20 June 2016

RDIF, Pizzarotti and Gazprombank collaborate on Russian healthcare PPP project

The Russian Direct Investment Fund (RDIF) together with Italian Pizzarotti Group will act as investor and Gazprombank – as financial advisor, lead arranger and...

20 June 2016

One Belt One Road needs $6trn in funding over next 15 years, says HSBC head

HSBC plans to capture all types of business related to the “One Belt One Road” trade initiative which is expected to require the banking sector in the...

20 June 2016

Outstanding foreign debts of Korean banks surpass 40trn won

Foreign liabilities that Korean banks - including ECA Kexim - have to pay back by 2017 have surpassed 40 trillion won, the Korea Times reports. This is an alarming...

20 June 2016

CDP, Socar, Exiar and Gazprombank sign MoU for Azerbaijani petchems plant

With this agreement, the companies are expressing their mutual interest in financing the GPC Project, which involves the construction of a petrochemical plant at...

20 June 2016

RDIF and Middle Eastern funds invest in Russian agri firm

The Russian Direct Investment Fund (RDIF) and leading funds from the Middle East announce investment in AFG National, a vertically integrated agro-industrial holding....

20 June 2016

TPP and RCEP – friends not foes

In a blog, Ganeshan Wignaraja, advisor with the Asian Development Bank’s Economic Research and Cooperation Department, argues that two regional trade initiatives...

17 June 2016

Trading more than insults: how would Brexit impact trade finance?

All the British EU referendum seems to have been good for so far is trading insults - as emotions run high in the last few days before the historic 23 June vote, and...