(Mondaq, Washington, 9 January 2015) Satellite industry becomes fastest growing of U.S. Ex-Im Bank’s credit sectors, with growth from $50m to $1b in loans per year since 2010; Export Credit Agency of Russia announces plans to actively support ILS ; and Export Development Canada provides €123m...
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2015/01/29
Country: Canada, USA
ECAs: Export Development Canada, Export-Import Bank of the United States
2014/11/27
Country: Canada, Italy, Japan
ECAs: Export Development Canada, Japan Bank for International Cooperation, Nippon Export and Investment Insurance, SACE S.p.A.
Issue: Oil, Gas and Mining
(Cistran Finance, Chicago, 11 June 2014) A list of 23 banks and ECAs that will be financing the construction of SOCAR’s STAR oil refinery in the Aliaga port in Turkey was announced in an official ceremony last week. The list includes the following ECAs: Export Development Canada, JBIC, NEXI,...
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2014/04/30
Country: Canada, Italy, Japan, Spain, Turkey, USA
ECAs: Compañía Española de Seguros de Crédito a la Exportación, Export Development Canada, Export-Import Bank of the United States, Japan Bank for International Cooperation, SACE S.p.A.
Issue: Oil, Gas and Mining
(Bloomberg, Istanbul, 22 April 2014) Azerbaijan’s state oil company, Socar, is in the final stages of negotiations for a $3.5 billion loan to help build a refinery in Turkey, said Kenan Yavuz, chief executive for the company’s Turkish unit... Most of the $3.5 billion package, arranged by the...
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2014/03/30
Country: Canada, Turkey
ECAs: Export Development Canada
(Marketwired, Ottawa, 26 March 2014) - Export Development Canada (EDC) today announced that it has provided a USD 10 M line of credit to Turkish leasing company Ak Finansal Kiralama (AkLease), which will be used to provide financing to Turkish companies leasing equipment from Canadian...
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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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2013/05/29
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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2013/04/29
Country: Spain
ECAs: Export Development Canada
(ZDNET, 8 April 2013) Canada's export credit agency is lending European mobile giant Telefonica hundreds of millions of euros to spend on BlackBerry devices and services. The working capital facility from Export Development Canada (EDC) is meant to help the Canadian handset maker grow its...
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Briefings & reports from ECA watch members
2013/02/01
Region: Europe, Central Asia & Russia
Country: France, Germany
ECAs: COFACE, Euler Hermes Deutschland AG, Export Development Canada, Export-Import Bank of the United States, Japan Bank for International Cooperation, Nippon Export and Investment Insurance
Issue: Nuclear
Member: FERN, Friends of the Earth Japan, Above Ground, Les Amis de la Terre, , Re:Common, urgewald
2012/08/15
Region: The Americas and US
Country: Canada
ECAs: Export Development Canada
Issue: Oil, Gas and Mining
2012/07/31
(CSRwire, Ottawa, 10 July 2012) Export Development Canada (EDC), Canada's Export Credit Agency, today issued its Annual Report on Corporate Social Responsibility (CSR). The report outlines EDC’s key achievements in the areas of business ethics, transparency, the environment, community investment... more
Country: Canada
ECAs: Export Development Canada