Latest News

Vicentin secures $135m agri export loan

The funds will be used to provide Vicentin with the extra working capital it needs to export oilseed, oil and sub products.

Audience vote: banks remain focused on large ticket export deals

Panellists discussing the topic suggested that there is an appetite for smaller export deals, however, barriers including expense, regulation and compliance can make these deals less appealing for banks.

New fund set to boost trade for the Commonwealth

The facility, structured as a guarantee fund, will cover risk for providers of trade credit in financial institutions of Commonwealth countries.

IDB enhances partnership with OIC members

The president called for a tripartite agreement between the IDB group, Turkey and other IDB member countries.

Bulgarian Development Bank strengthens trade ties with China

The purpose of the MoU is to formalise a commitment of long-term strategic partnership between the two parties in the fields of cross-border funding, bilateral loans, investments and trade.

Rio Tinto signs $7.5bn RCF

The loan will provide the miner with sufficient working capital to continue increasing production.

Afreximbank closes $525m loan syndication

The loan will be used by the Egyptian Electricity Company to import gas turbines and other related equipment from General Electric.

UniCredit appoints UK-based head of GTB

Stein will be responsible for building the bank’s UK-based trade finance operations as well as enhancing cash management operations.