(HeraldOnline, Rock Hill SC, 17 June 2013) Reportlinker.com announces a new US$5354 research report about the market for trade credit cover in Austria, Belgium, France, Germany, Italy, the Netherlands, Poland, Spain, Switzerland and the UK. Valued at just under EUR 4 billion in gross written...
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2013/06/26
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
(FreshBusinessThinking, London, 20 June 2013) British businesses received £4.3 billion worth of support from the government through UK Export Finance (UKEF) in 2012-13, up from £2.3 billion in the previous year, and the highest in 12 years.
UKEF support has included:
- £2 billion...
2013/06/26
Country: Japan
ECAs: Japan Bank for International Cooperation, Nippon Export and Investment Insurance
(JBIC, Tokyo, 6 June 2013) The Japan Bank for International Cooperation (JBIC) has signed a general agreement with the Ministry of Economic Development of the Government of Mongolian, offering the first export credit line of the equivalent of 8 billion yen (US$82 million). The credit line is...
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2013/06/26
Country: Canada
ECAs: Export Development Canada
(CSRwire, Ottawa, 3 June 2013) Export Development Canada (EDC), Canada's Export Credit Agency, today issued its Annual Report on Corporate Social Responsibility (CSR). The report chronicles EDC’s CSR activities in 2012, outlining how the Corporation has adapted to the new reality of...
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2013/06/26
Country: Canada, China
ECAs: Export Development Canada
(Bloomberg, Ottawa, 24 June 2013) Export Development Canada, a trade financing agency, sold the nation’s first offshore yuan- denominated bonds last week as exports to China grow. EDC, which supports Canadian businesses globally, raised 100 million yuan ($16.3 million) from a sale of 2.1 per...
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2013/06/26
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change
(Bloomberg, Washington, 25 June 2013) President Barack Obama pledged to end U.S. government financing of overseas coal projects, a promise that could end millions of dollars in support for power plants in nations such as Vietnam and India. As part of a “Climate Action Plan” released today,...
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2013/06/25
Country: France
ECAs: COFACE
Issue: Nuclear
Member: Les Amis de la Terre
Société Générale has accepted the mandate to structure export financing of Alstom turbines for the controversial Kaliningrad nuclear power project, with a potential export credit guarantee from the French State, via Coface. European NGOs and civil society organizations are organizing street...
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2013/05/31
Country: USA
ECAs: Export-Import Bank of the United States
The Government Accountability Office (GAO) today released the following reports, testimony, and correspondence: Export-Import Bank: Additional Analysis and Information Could Better Inform Congress on Exposure, Risk, and Resources, GAO-13-620, May 30 Export-Import Bank: Financing of Dual-Use...more
2013/05/29
Country: Turkey
(Damocracy, 21 May 2013) Representatives of dam-affected communities and international organizations from South America, the Middle East, Europe, the US, and Africa, today blocked the entrance to the construction site of the Ilisu dam in southeast Turkey demanding an end to the controversial...
more Dodgy Deal: Ilisu Dam
Issue: Large Dams
2013/05/29
(Reuters, Sydney, 9 May 2013) A unit of the Jeddah-based Islamic Development Bank, a multilateral lending institution, has launched an insurance product designed to boost the credit ratings of sukuk (Islamic bonds) for...
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2013/05/29
Country: Canada
ECAs: Export Development Canada
(Globe and Mail, Ottawa, 2 May 2013) The Harper government has reached outside the Bank of Canada to choose its next governor, selecting an expert in trade and exports as the country’s new top economic steward. Stephen Poloz, the head of Canada’s export credit agency, was named the country’s...
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2013/05/29
Country: Canada
ECAs: Export Development Canada
Issue: Aircraft
(Premium Times, Lagos, 7 May 2013) The Nigerian Export Import Bank, NEXIM, and the Export Development Canada, EDC, are exploring the prospects of a partnership to provide short term financing to Nigeria’s aviation sector. This was one of several discussions between the Nigerian delegation led...
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2013/05/29
Country: Canada, USA
ECAs: Export-Import Bank of the United States
Issue: Aircraft
(Reuters, Seattle, 22 May 2013) - Delta Air Lines Inc wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co , and would be willing to forgo such support for its own purchases if all such subsidies were eliminated, its chief executive...
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2013/05/29
(Creditman, Southampton, 30 April 2013) Members of the Berne Union – International Union of Credit & Investment Insurers – saw the value of credit and investment insured in 2012 grow by 2.4 per cent, reaching in excess of US$ 1.8 trillion. This matches the 2.4 per cent growth in exports for...
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2013/05/29
Country: Brazil, Canada, USA
ECAs: Export-Import Bank of the United States
Issue: Aircraft
(AIN, New York, 20 May 2013) Boeing’s recent assertion of an increased appetite in capital markets to fund airliner orders is welcomed by manufacturers and their customers when other sources of funding seem under pressure. Export credit, now comes generally at higher interest rates and tougher...
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