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28 January 2016

World Bank slashes outlook for 80% of commodites

The World Bank has reduced its price forecast for 80% of the world's major commodities. Oil prices fell by 47% last year and are expected to decline, on an annual...

28 January 2016

IMF extends Kenya's $680m credit facility

Kenya's $680 million credit facility with the International Monetary Fund (IMF) has been extended to March. The country secured the 12-month loan in February last...

28 January 2016

IFC helps NBK deliver trade credit

The International Finance Corporation (IFC) is providing a trade finance facility to the National Bank of Kuwait (NBK) - Egypt to support its trade operations. It aims...

28 January 2016

Former commodities giant Phibro bought by ex-Wall Street banker

A partnership founded by Simon Greenshields, the former co-head of commodities at Morgan Stanley, has bought US-based Phibro - once the 'largest physical commodity...

28 January 2016

US eases rules on Cuba trade financing

America has relaxed its rules for financing certain exports to Cuba. Some industries will now be able to arrange competitive export packages from the US, whereas...

28 January 2016

Infrastructure project bidding war heats up

Japan and China are increasingly being pitted against one another in the fight to win orders for infrastructure development. Demand for the projects is set to increase...

28 January 2016

EXIAR backs Russian agricultural exports to MENA

The Russian Agency for Export Credit and Investment Insurance (EXIAR) has signed a deal with the country's Resource Group of Companies to insure the export of...

27 January 2016

Barclays sheds entire London ECA team

UK bank Barclays made its entire London export finance team redundant last Friday, 22 January 2016, amid a wider cull of the bank’s investment banking division.

27 January 2016

SACE signs Iran deal to recover sovereign credit

SACE, Italy's export credit agency, has signed an agreement with Iran to recover €564 million in credit - a move which lays the foundations for reviving...

27 January 2016

Euler Hermes launches new risk solution for small US firms

Euler Hermes has become the first trade credit insurer in America to offer a customised product to protect micro and small businesses from the risk of not being paid...

27 January 2016

Has the global trade-development link peaked?

Trade may have been a key driver of global growth for developing countries and emerging markets but is the current pace and direction less helpful for development? And...

27 January 2016

ADB private sector financing rises to record $2.6bn

The Asian Development Bank (ADB) approved a record $2.6 billion of new financing and investments for the private sector in 2015, a 37% increase from a year earlier and...

27 January 2016

Oil and gas group PetroQuest sees borrowing base cut

PetroQuest Energy, a US-based independent oil and natural gas company, has seen the borrowing base on its credit facility drop from $55 million to $42 million.

27 January 2016

Kexim and ABN AMRO lead loan to LPG group

Norway's liquid petroleum gas transportation company Aurora LPG has received a $200 million loan from the Netherlands' ABN AMRO and the Export-Import Bank of...

27 January 2016

Saudi Arabian Airlines to raise $1.33bn for debt and new planes

Saudi Arabian Airlines, the kingdom's national carrier, plans to raise up to $1.33 billion in Islamic bonds to refinance existing debt and purchase new aircraft....

27 January 2016

Aon acquires Kingsley Trade Credit portfolio

Aon Risk Solutions, the global risk management business of Aon, has acquired the customer portfolio of Netherlands-based credit management firm Kingsley Trade Credit....

27 January 2016

EDC helps footwear company take steps to global exports

Export Development Canada (EDC) has issued a CAD $3.5 million loan guarantee to help a footwear producer secure financing to begin exporting internationally....

27 January 2016

Top tips for inventory and cash flow improvement from PV Mahajan

Procter & Gamble Asia’s PV Mahajan shares his top tips for inventory and cash flow improvement, ahead of his presentation at TXF’s Trade, Treasury & Commodity Finance...

26 January 2016

Protecting your investments in Iran

Ali Darzi, founder and principal of Iran Foreign Investment Consultants (IranFIC), discusses the cover available for foreign investments in the Persian country.

26 January 2016

Kexim cuts export financing for first time in 40 years

The Export-Import Bank of Korea (Kexim) will this year slash export financing for the first time in 40 years. The bank will cut its outlay to $62.7 billion and target...