Receivables-backed Finance

Kexim expands financing to shipbuilding sector

Wed, 22 May 2013 11:34:12 GMT

Kexim is to provide additional financial support to the Korean shipping industry following a decline in orders and European bank lending.

Brazil’s Electra Power receives Proparco loan

Tue, 21 May 2013 17:54:18 GMT

Brazil’s hyrdopower generation sector gets a boost with a loan from Proparco of France.

FMO invests in Peru port

Tue, 21 May 2013 16:53:06 GMT

Dutch development bank FMO has closed a $30 million transaction with APM Terminals Callao in Peru.

Malaysia Exim loan for KNM Group contract in Tatarstan

Tue, 21 May 2013 16:01:37 GMT

The Export-Import Bank of Malaysia has provided an export credit loan facility for Malaysia’s KNM Group.

Norilsk Nickel issues RFP for syndicated loan

Tue, 21 May 2013 15:33:55 GMT

Russian metals and mining company Norilsk Nickel has issued a request for proposals for a syndicated loan.

King & Spalding establishes London trade practice

Tue, 21 May 2013 13:52:57 GMT

Law firm King & Spalding has established a trade practice in London with the hire of a new partner.

EFIC appoints new SME executive director

Tue, 21 May 2013 12:04:21 GMT

Australian export credit agency EFIC has appointed a new SME executive director.

Commercial Bank of Dubai deploys Misys

Mon, 20 May 2013 22:14:54 GMT

Commercial Bank of Dubai completes live deployment of Misys' trade finance system.

Update: Uralkali to sign PXF

Mon, 20 May 2013 21:49:28 GMT

Russian potash firm Uralkali will sign its pre-export finance facility this week.

Acron Group secures funds through VTB

Mon, 20 May 2013 16:14:56 GMT

Russian fertiliser producer Acron Group has secured a new loan through VTB Bank.

Transcapitalbank secures IFC-led facility

Mon, 20 May 2013 15:31:48 GMT

Russian private bank Transcapitalbank has secured funds through an IFC-led facility to onlend to SMEs for foreign trade.

Noble signs syndicated loan oversubscribed

Mon, 20 May 2013 15:12:01 GMT

Noble Group has closed a syndicated loan facility which has drawn support from over 70 banks.

SERV appoints new chairman

Mon, 20 May 2013 13:50:46 GMT

The Swiss export credit agency, SERV, has appointed a new chairman and three new board members.

Glencore Xstrata opts for Tony Hayward

Mon, 20 May 2013 00:00:00 GMT

Glencore Xstrata has appointed former BP boss Tony Hayward as interim chairman, as chairman John Bond is voted out.

SWIFT Index: UK growth to continue as US growth slows

Mon, 20 May 2013 00:00:00 GMT

Continued UK GDP growth is forecast by the SWIFT Index as the rate of growth slows for US economy.

US and Tunisia push SME trade

Mon, 20 May 2013 00:00:00 GMT

US and Tunisia launch small business initiative to strengthen economic growth and trade.

US Department of Commerce releases Trade Finance Guide in Spanish

Mon, 20 May 2013 00:00:00 GMT

The US Department of Commerce has released the Spanish language version of its trade finance guide to help more small businesses export.

Development Bank of Belarus signs framework with AKA

Fri, 17 May 2013 17:00:46 GMT

The Development Bank of Belarus has signed a framework agreement for export credit support with AKA Ausfuhrkredit-Gesellschaft.

Development banks fund Nepal hydropower plant

Fri, 17 May 2013 15:09:36 GMT

A group of development banks are providing financing for the construction and operation of a hydropower plant in Nepal.

Westpac appoints global SCF head and strengthens Asian team

Fri, 17 May 2013 13:45:48 GMT

Westpac appoints a global head of structured commodity finance and boosts team in Asia.