Latest news

Afrexim launches Kenya Airways facility

Wed, 22 May 2013 21:38:13 GMT

The African Export-Import Bank (Afrexim) has launched a $2 billion financing for Kenya Airways’ latest aircraft purchase.

NIB finances upgrade of Latvian railway corridor

Wed, 22 May 2013 18:11:36 GMT

The Nordic Investment Bank has provided a loan for the upgrade of a section of railway in Latvia’s east-west transport corridor.

German financing for Israel Electric Corporation

Wed, 22 May 2013 17:57:58 GMT

KfW IPEX-Bank and Landesbank Baden-Württemberg have provided funding for the modernisation of coal-fired plants in Israel.

Berne Union and IFC ramp up partnership

Wed, 22 May 2013 00:00:00 GMT

Berne Union and IFC have agreed to scale up their collaboration to boost global trade and investment.

Citi to enhance LatAm commercial card offering

Wed, 22 May 2013 00:00:00 GMT

Citi is to enhance its investment in its commercial card offering in Latin America with Puerto Rico to be the first to adopt the new technology.

ECAs back Odfjell Rig III loan

Wed, 22 May 2013 00:00:00 GMT

Eksportkreditt Norge and the Export-Import Bank of Korea, with a syndicate of European banks, have provided financing for the purchase of a semisubmersible drilling rig.

Kexim expands financing to shipbuilding sector

Wed, 22 May 2013 00:00:00 GMT

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

RDIF and EBRD prepare G20 infra advice

Wed, 22 May 2013 00:00:00 GMT

RDIF and EBRD roundtable prepares recommendations on unlocking infrastructure investments for G20 leaders.

SWIFT RMB Tracker – May 2013

Wed, 22 May 2013 00:00:00 GMT

Forty-seven countries now use the renminbi for more than 10% of their payments with China and Hong Kong as Italy and Russia become some of the strongest adopters.

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.

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.

Norilsk Nickel issues RFP for syndicated loan

Tue, 21 May 2013 00:00:00 GMT

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

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.

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.

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.