Russian metals producer Metalloinvest has repaid approximately $600 million ahead of the scheduled maturity dates as a part of an optimisation of its loan portfolio...

ICICI Bank and AXIS Bank have become the first Indian banks to sign up for Swift's global payments innovation initiative. Both banks will be joining forces...

According to EY’s Africa attractiveness programme 2016, Staying the course, despite a relative slow down, Sub-Saharan Africa remains one of the fastest growing...

The creation of Chinese and Russian blockchain consortiums to match the New York-based R3CEV consortium evokes a Cold War space race in the financial technology sector....

Société Générale (SG) global transaction banking (GTB) has appointed Agnès Joly as global head of trade services. Based in Paris, she reports to Christian Behaghel, head...

Cuba has penned two deals with Saudi Arabia for long-term credits worth a total of about $80 million to import goods from the Gulf kingdom and invest in...

UniCredit has appointed Adeline Kow as head of structured trade export finance (STEF) Asia-Pacific. She will be based in Singapore, supporting and growing...

Export credit agency UK Export Finance (UKEF) has backed London-based supply chain solution provider Dints International as it won a mining contract in Ghana. The deal...

A look at why trade finance is set to be one of the most promising early uses of blockchain technology.

The European Bank for Reconstruction and Development (EBRD) has insisted it will continue to lend to Turkey following the failed coup attempt in the country and...

The European Investment Bank (EIB) has approved €9.4 billion in new financing for 56 projects across Europe and around the world. It includes more than €2.8...

Piracy and armed robbery at sea have fallen to their lowest levels since 1995, the International Chamber of Commerce's (ICC) International Maritime Bureau said....

Ivan Glasenberg, the chief executive officer of Swiss-based Glencore, insists he is confident of a revival in the commodity market.

The African Export-Import Bank (Afreximbank) saw its net income rise from $107 million in 2014 to $134 million in 2015 - a record 25% increase. The rise was mainly put...

The European Investment Bank (EIB) has agreed to lend €40 million to Hungary's Railway Company GySEV to finance the purchase of new rolling stock and...

The African Export-Import Bank (Afreximbank) and the Export-Import Bank of China (China Exim) will create a $1 billion China-Africa Investment and Industrialisation...

Stolt-Nielsen Limited, a Bermuda based provider of integrated transportation solutions for chemicals, and bulk liquids, has secured a $325 million loan with three...

The Reserve Bank of India (RBI) has been asked by the government to offer long-term loans at low-interest rates to the Export Import Bank of India (India Exim).

Foreign lenders to Mechel, the Russian steel and coal producer, want more collateral before agreeing to restructure $1 billion of the company's debt. Mechel has...

Insurer Marsh has appointed Martin South as president, US and Canada division. South has served as chief executive officer of Marsh's Asia-Pacific region since...