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05 May 2016

WTO: We must close the SME trade finance gap

The World Trade Organisation (WTO) says more needs to be done to help close the gaps in the availability of trade finance for small and medium-sized enterprises...

05 May 2016

Islamic Development Bank returns to sukuk market

The Islamic Development Bank, which is expanding its financing activities, will sell sukuk bonds in the Malaysian market this year after a three-year hiatus.

05 May 2016

CAF issues $1.25bn bond

The Development Bank of Latin America (CAF) has issued a $1.25 billion bond - its largest this year. The three-year bond, which has a 2% interest rate, will finance...

05 May 2016

KfW agrees record Bangladesh power finance

KfW, the German development bank, has signed a €137.5 million loan agreement to finance power grid improvements in Bangladesh. It is the highest KfW low-interest...

05 May 2016

CBD and China Exim agree loan for Russian LNG project

The China Development Bank (CBD) and Export-Import Bank of China (China Exim) have signed loan agreements worth more than $12 billion with Russia's $27 billion...

04 May 2016

Sace takes the lead in Iran

In late April, only four months after the trade embargo on Iran was lifted, Italy's Sace took the lead in the ECA space, guaranteeing €4 billion in credit lines to...

04 May 2016

Last call for Commodities Best in Class votes

It's the last chance to vote for the TXF Commodity Finance Awards: Best in Class 2016, with the deadline expiring at midnight tonight (Thursday 5 May). The TXF...

04 May 2016

BEST SOFT COMMODITY FINANCE DEAL OF THE YEAR: Cocoa Touton $80m prepayment provides new dimension

The $80 million prepayment to Cocoa Touton Processing is a landmark financing for West Africa, bringing added-value processing on a major scale to Ghana. Jonathan Bell...

04 May 2016

Kexim signs $15bn financial package with Iran

The Export-Import Bank of Korea (Kexim) has agreed a $15 billion financial package with the Iranian central bank and government. The deal includes a $9 billion...

04 May 2016

Glencore may sell $2bn Kazakh gold mine

Swiss-headquartered commodity trader Glencore may put its biggest gold mine - the Vasilkovskoye project in Kazakhstan - up for sale in a bid to cut its debt. Glencore...

04 May 2016

KfW IPEX finances expansion of Australian light rail

KfW IPEX-Bank, the German export and project finance bank, has arranged financing for the expansion of the Gold Coast light rail system in Queensland, Australia. Five...

04 May 2016

Development banks must fill Asia's infrastructure gap

Development banks have to take on the currency risk of projects which are needed to fill Asia's $8 trillion infrastructure gap, a director at Germany's KfW...

04 May 2016

More SMEs using US Ex-Im products

The biggest challenge facing small and medium-sized enterprises (SMEs) is getting paid - prompting more to use the Export-Import Bank of the United States (US Ex-Im),...

04 May 2016

Sidley Austin hires project finance expert Gartside

Law firm Sidley Austin has hired project finance and development specialist David Gartside as a partner at its office in Singapore. He joins from White & Case.

04 May 2016

Citi names Gupte head of Singapore and ASEAN

Amol Gupte has been named as Citigroup's country officer for Singapore and head of Association of South-East Asian Nations (ASEAN). He replaces Michael Zink, who...

04 May 2016

How the IADB is restructuring its private sector financing

The Inter-American Investment Corporation (IIC), the private sector investment arm of the Inter-American Development Bank (IADB), is going through a self-described...

04 May 2016

Karim Habib joins Trade Finance Solutions

Trade Finance Solutions has taken on Karim Habib as managing director, business development. Based in Toronto, he is responsible for originating new business...

04 May 2016

Dispute may erupt over KDB/Kexim rescue of shippers

The rescue of struggling shippers and shipbuilders by the Korea Development Bank (KDB) and Export-Import Bank of Korea (Kexim) could spark a trade dispute with Europe,...

03 May 2016

What does the future of trade hold?

Digitalisation is essential for companies looking to enter global trade, a new report finds. Trade stands to make huge efficiency and cost gains from digitalisation, and...

03 May 2016

BEST METALS FINANCE DEAL OF THE YEAR: Oyu Tolgoï $200m RCF paves the way for project finance

Coming at a crucial time for Oyu Tolgoï in Mongolia, the $200 million revolving credit facility provided the working capital needed and lined the venture up for the...