The Association of British Insurers has warned of a spike in claims against troubled businesses similar to the rise in the months leading to the 2008 financial crisis....

The International Finance Corporation (IFC) has arranged financing worth $375 million for an Iraqi power company to provide electricity to Kurdistan and Baghdad. The...

The Government Development Bank for Puerto Rico has agreed a tentative restructuring deal with some creditors - after declaring it would skip a $422 million debt...

The relevance of the World Trade Organisation (WTO) is being threatened by the rise in bilateral trade deals across Asia, experts warned. The slow pace of multilateral...

Bunge, the US-headquartered agribusiness, has posted better-than-expected results for the first quarter of 2016. Agribusiness results benefited from good performances...

Global law firm Akin Gump Strauss Hauer & Feld has hired John Marciano III as a partner at its project finance practice in Washington, DC. He joins from Chadbourne...

Lightstream Resources, a Canadian oil and gas group, has had the borrowing base under its credit facility cut from $550 million to $250 million.

German export and project finance bank KfW IPEX-Bank enjoyed its most successful year ever in 2015, with new commitments of €20.2 billion, compared to €16.6...

The Asian Development Bank (ADB) and China-led Asian Infrastructure Investment Bank (AIIB) have agreed to co-finance a $300 million highway project in Pakistan. It...

BAFT, an international financial services association, has appointed Citi's John Ahearn as the chair of its newly elected board. Michael Quinn, of JPMorgan, is...

The Arab Bank for Economic Development in Africa (BADEA) has granted a $50 million line of credit to the African Export-Import Bank (Afreximbank). It will be used to...

Insurer Euler Hermes has released its 2016 first quarter results, revealing a net income of €101.2 million - up 16% on 2015. Board of management chairman Wilfried...

Bernard Zonneveld, global head of structured metals and energy finance, is leaving ING Bank after a 22-year career building the bank’s commodities finance operation.

Varo Energy's $460m borrowing base formed part of the oil suppliers merger with Argos Downstream Europe, in a deal which will turn Varo into the largest independent...

Rajiv Panicker, a former trader on commodity giant Glencore's liquefied natural gas (LNG) desk, is reportedly set to join UK retail energy supplier Centrica.

UK Export Finance (UKEF), Britain's export credit agency, is to make £500 million in credit cover available to businesses for contracts in Iraq. The UK's...

The Development Bank of the Philippines (DBP) has granted a P112.5 million omnibus credit facility to Biyao Hydro Power Corporation to partially finance a...

Disbursements by BNDES, Brazil's development bank, reached R$18.1 billion in the first quarter of this year, down 46% compared to the same period in 2015. BNDES...

The Export-Import Bank of Romania is in the process of transforming into the country's new development bank. Romania has been without a development bank for 17...

The China-led Asian Infrastructure Investment Bank (AIIB) can be a "constructive addition" to the world's multilateral lenders, said the US...