Citigroup has named Gulru Atak as the new head of the innovation lab in the treasury and trade solutions (TTS) group in Dublin.
The African Trade Insurance Agency (ATI) has partnered with Credendo Single Risk Insurance in order to boost its political risk coverage.
The International Chamber of Commerce (ICC) has called on participants at the 2017 Financing for Development Forum to support a UN-led review into the global gap in trade financing.
China and Pakistan signed a memorandum of understanding (MOU) to develop the Indus River Cascade, which includes the Diamer-Bhasha Dam project in Gilgit-Baltistan, Pakistan
The banks supporting Turkey’s Ikitelli hospital PPP, alongside Japanese export credit agencies, have emerged. The project is expected to reach financial close imminently
KfW IPEX-Bank has loaned €21.3 million ($23.8 million) to Mexico’s leading bus operator to finance the purchase of 55 new double-decker buses from German manufacturer MAN.
Demand for twin-aisle aircraft is going to decline in the Middle East but be picked up by Chinese carriers, according to the chief executive officer of US aircraft leasing company Air Lease (ALC).
Air Canada plans to use an enhanced equipment trust certificate (EETC) issuance to finance some of its 2018 deliveries, according to Helen Kotsovos, senior director of financing at the airline.
Saudi developer Acwa Power has closed on the 177MW Noor I trio of photovoltaic (PV) projects in Morocco. The projects have a combined cost of $220 million
Posco Energy may seek an international partner for the 1,200MW Quynh Lap coal-fired power project 270km south of the capital of Vietnam, Hanoi
Singaporean aircraft lessor BOC Aviation has mandated six banks for a US dollar-denominated unsecured bond issuance, GlobalCapital reports.
Eurasian Development Bank (EDB) has signed a $10 million loan facility with Belarusian bank Belinvestbank.
Export Development Canada (EDC) has issued $1.25 billion in five-year bonds, a spokesperson has confirmed.
Netherlands-based commodities trader Nidera has refinanced a $500 million tranche of its one-year revolving credit facility (RCF).
US-based TriLinc Global Impact Fund has approved $28.4 million in term loan and trade finance facilities for companies operating in Sub-Saharan Africa, Latin America, and Southeast Asia
Finland’s export credit agency, Finnvera, has issued a €750 million, 15-year bond
Japan’s Nippon export and Investment Insurance (NEXI) has agreed to support the export of digital broadcasting equipment to Ecuador’s state-run broadcasting company.
Transportation specialist DVB has recorded €65.9 million ($72 million) in credit losses in its shipping finance and offshore finance portfolios for the first quarter of this year.
Singapore-based trade finance fund EFA Group has made two senior hires, the company has confirmed.
Two development banks have joined a warehouse facility closed this week by Aergo Capital, an Irish aircraft lessor.