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10 August 2016

Kexim and Ethiopia agree road project loan

The Export-Import Bank of Korea (Kexim) has agreed a $127 million loan deal with Ethiopia for a project to improve the road between the towns of Gore and Tepi.

10 August 2016

KfW IPEX earmarks billions of euros in shipping financing

KfW IPEX-Bank, the export and project financing arm of German development bank KfW has earmarked €2.8 billion in new shipping loans this year. The bank provided...

10 August 2016

IFC provides export finance facility to Hela Clothing

The International Finance Corporation (IFC) has provided an export finance facility to Sri Lanka-based exporter Hela Clothing through its Global Trade Supplier Finance...

10 August 2016

ExWorks Capital provides financing to technology group

US-based ExWorks Capital has provided a technology company with financing for distribution of two-way voice and monitored personal emergency response systems.

10 August 2016

Daniel Pfeiffer leads Wells Fargo SCF sales team

Daniel Pfeiffer has joined US-based Wells Fargo Capital Finance's supply chain finance (SCF) team as managing director of sales. He arrives from Taulia.

10 August 2016

Asian ECA cover helps Bahrain LNG raise funds

Lender appetite for project consortium Bahrain LNG's bid to raise between $600 million and $700 million looks to be high because the project is heavily backed by...

10 August 2016

Punish Petrobras, says antitrust regulator

Petrobras, the Brazilian state-run oil group, should be penalised for anti-competitive behavior in the natural gas distribution market, the superintendent's office...

10 August 2016

US/EU law variations lead to compliance challenges

The multinational banking community faces compliance challenges because of variations in EU and US law, according to SWIFT. Conflicts between information sharing and data...

09 August 2016

Trade impacts: Tracking the relationship between international monetary policy and global foreign policy

The 29th annual World Traders’ Tacitus Lecture was delivered this year by the former Deputy Governor of the Bank of England, Sir Paul Tucker, on ‘a new international...

09 August 2016

Bibby steps in to help UK skiwear group

Bibby Financial Services has agreed a £2.6 million funding plan to support UK-based skiwear company Surfanic International. The deal includes £700,000 in...

09 August 2016

RDIF boosts cooperation with Ronesans Holding

The Russian Direct Investment Fund (RDIF) and Turkey's Ronesans Holding have agreed to increase the scope of their joint investment activities. They could both...

09 August 2016

Trafigura extends crude credit to China teapots

Swiss-based commodity group Trafigura has extended the credit period for two independent Chinese refiners to buy crude. It marks a bid by Trafigura to feed the growing...

09 August 2016

IFC agrees $500m trade financing facility to StanChart

The International Finance Corporation (IFC) has approved a trade finance facility of up to $500 million to Standard Chartered (StanChart). It allows the bank to...

09 August 2016

SACE backs loan to recycling group

Italian export credit agency SACE and two banks have agreed a €400,000 line of credit to boost the global growth of Sicilian firm Montalbano Recycling. The loan...

09 August 2016

Chinese province extends maturity on $60bn in coal loans

China's Shanxi province has extended the maturity on up to $60 billion in loans in a bid to ease bad-debt pressure on seven of its largest coal mining companies.

08 August 2016

Coscocs seals $18bn China Exim deal

China Cosco Shipping Corporation (Coscocs) has secured an $18 billion financing deal with the Export-Import Bank of China (China Exim). The money will be used to...

08 August 2016

Glencore Agri's Canada Pension Plan deal questioned

Canada Pension Plan's (CPP) $2.5 billion deal to buy 40% of Glencore's agricultural arm has been questioned by Australia's competition regulator in the...

08 August 2016

Azerbaijan and China boost investment and exports

Azerbaijan and China have signed a memorandum of understanding to boost investment and trade. The Azerbaijan Export and Investment Promotion Foundation and the China...

08 August 2016

India Exim agrees financing for Malawi water project

The Export-Import Bank of India (India Exim) has agreed a $23.5 million line of credit to Malawi for a water supply project from the Likhubula River, in Mulanje, to...

08 August 2016

Serious Fraud Office opens Airbus investigation

Airbus is being investigated by the UK's Serious Fraud Office over claims of "fraud, bribery and corruption". Export credit agencies in Britain, Germany...