James Reynolds will become chief executive of specialist credit and political risk insurance broker BPL next year when the ...

The World Bank has appointed Mizuho banker Tsutomu Yamamoto as managing director of the Multilateral Investment Guarantee ...

The Export Credit Bank of Türkiye (Türk Eximbank) has secured a shariah-compliant syndicated facility worth US$145mn from a group of Middle Eastern lenders and the Islamic Development Bank Group, ...

A US senator has slammed the Export-Import Bank of the United States (US Exim) for its backing of a US$20bn LNG project in Mozambique, arguing the state agency rushed its decision and failed to notify ...

Despite a host of industry associations and government agencies pointing out the difficulties SMEs face when exporting, including access to finance, the response has been piecemeal. SMEs exported £107 ...

When oil-rich South Sudan achieved independence in 2011, it entered the club of nations with a clean financial slate and no government debt. But in the intervening years, many of them marred by a ...

JP Morgan says South African telecommunications provider MTN SA has become the first customer to use the bank’s digital bill of exchange product. The product, which uses Swedish digital trade fintech ...

Commodity trading giant Vitol has agreed a first-of-its-kind US$240mn iron ore pre-payment facility with a subsidiary of Brazilian mining company Companhia Siderúrgica Nacional (CSN). Vitol says it ...

A court in India has ruled that a Chennai shipowner must pay Banque Cantonale de Genève (BCGE) some US$6.7mn after the lender’s financing of a Gulf Petrochem oil deal went awry. BCGE won a summary ...

HSBC has launched a non-recourse receivables finance solution aimed at its large corporate customers, which it says will help reduce their exposure to risk while optimising working capital. Launched ...

The Chinese government has placed an exit ban on FCI chair and Wells Fargo banker Chenyue Mao after she travelled to the country on business. Mao was elected as FCI chair last month at the global ...