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(Reuters, 10 December 2013, Seattle) - More commercial jet buyers will tap rapidly-expanding capital markets to...
more(PR Newswire, 12 December 2013, Washington) The board of directors of the Export-Import Bank of the United States (Ex-Im Bank) has adopted revisions to its environmental procedures and guidelines governing high-carbon intensity projects, claiming this aligns the Bank with...
(International Business Times, 20 December 2013, Washington) Heavy equipment maker Caterpillar Inc., General Electric and Atlas Copco AB, a Swedish industrial holding company, are the latest beneficiaries of credit financing from the U.S. Export-Import Bank. The federal government’s export-...
more(4traders.com, 31 December 2013, Moscow) VTB Bank arranged deals worth more than US$ 4 billion in 2013 as part of a large-scale project to develop its trade and export finance business, thereby increasing the relevant portfolio by over 150%. The project was advanced by new financial...
more(Zawya, 10 December 2013, Qatar) During the 4th Annual Meeting of the Aman Union Dr. Abdel Rahman El-Tayeb Taha, the Secretary General of the Aman Union, who is also the Chief Executive Officer of the Islamic Corporation for...
more(International Financing Review, 14 December 2013, London) Standard Chartered has come up with a novel way of transferring the risk of lending to unrated Chinese exporters and importers to the capital markets. The bank has brought two structured financings to the international markets...
moreThrough its export credit agencies (ECAs) EKN and SEK, the Swedish state insures and finances Swedish companies' export. These operations are extensive. The Swedish ECAs have in their portfolios the responsibility for hundreds of billions of Swedish kronor, and in 2012 alone EKN guaranteed...
moreIn their submission to the OECD ECWG consultation with CSOs on 19 November 2013, the Danish, French and German national human rights Institutes identified the...
moreUK Export Finance has signed Memoranda of Understanding (MOU) on reinsurance with the Korean export credit agency, Korea Trade Insurance Corporation and with Korea Eximbank on mutual support.
The agreement sets out how UK Export Finance (UKEF) and the Korea Trade Insurance Corporation (K-...
(Lanka Business Online, 28 November 2013, Colombo) Sri Lanka has US$1.9 billion of new bilateral and multilateral commitments up to September 2013 led by China with export credit from other countries also showing increases, a finance ministry report showed. China has committed US$517.9 million...
more(ECA Watch, 30 November 2013, Ottawa) Export Credit Agency Watch (ECA-Watch) members say “hold the applause,” on ...
more(Guardian, 20 November 2013, Warsaw) British taxpayers' money will no longer be used to build coal-fired power stations in developing countries, the energy secretary Ed Davey pledged November 20th, as the fortnight-long United Nations climate talks in Poland entered their final phase. The UK...
more(Sydney Morning Herald, 25 November 2013, Sydney) Australia's export credit agency wrote more loans in the 2013 financial year than the year before, despite almost halving the total amount of taxpayers' funds it provided. The mining sector comprised almost half of its financial assistance, with...
more(Wall Street Journal, 19 November 2013, Dubai) The $200 billion aircraft order bonanza at the Dubai Airshow has focused attention on the little-known system of government export credit agencies, which are used to help fund planes and other big-ticket equipment such as power generators....
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