Here is a selection of this week's news - July 18, 2007:
International first for Russian bank Slavinvestbank has signed a US$67mn syndicated loan, which closed 67% oversubscribed from the launch amount of US$40m.
New framework for ECGD agreed Ministers have agreed a new financial framework for ECGD, the UK's official export credit agency.
Spinning success for Turkey and Egypt IFC, the private sector arm of the World Bank Group, will provide long-term loans to Küçükçalik Tekstil Sanayi ve Ticaret and its subsidiary in Egypt, KCG Textile Egypt.
US Ex-Im and LA Chamber help SMEs Los Angeles small and medium-sized businesses seeking to grow by competing in global markets will have easier access to financing through a new partnership agreement signed by the Los Angeles Area Chamber of Commerce and US Ex-Im Bank.
Mores lines for Banco do Brasil and Itaú The Andean Development Corporation (CAF) has announced an increase in lines of credit to US$200mn in favour of Banco do Brasil and US$200mn for Banco Itaú/Itaú BBA totalling US$400mn, with the objective of backing foreign trade, working capital and investment.
Ukraine grain storage high on agenda The EBRD is providing a €10mn loan to a primary agricultural producer Agroinvest, part of MK Group - leading producer and exporter of crop farming cultures in Serbia and one of the main agribusiness operators in Europe.
Movement at Mizuho Nick Fenn has been appointed head of syndications at Mizuho Bank and will run the bank's EMEA lending operations.
Three Chinese projects guaranteed The Multilateral Investment Guarantee Agency (Miga), a World Bank Group member, has issued US$34.2mn in guarantee coverage for three infrastructure projects in China.
Check out the GTR website today - there are new leads and stories just uploaded, all relevant to trade, commodity and export finance and risk. Visit www.gtreview.com.
The GTR Directory 2007-08is out now!
The directory is provided free of charge to subscribers of GTR and distributed at Exporta's trade finance conferences around the world each year, plus selected industry events.
Who's the leader in trade services and the supply chain?
To coincide with Swift's annual Sibos meeting this year in Boston, USA, the September/October 2007 issue of GTR is featuring an extensive survey of the trade services and supply chain market: which banks are active in this space; which are innovating and adapting to technology and customers' needs; what the latest technological innovations are within the trade services area; which IT and solutions firms are active in this field; the latest on supply chain finance and innovation.
We are therefore asking readers of GTR who they see as the leading players in trade services. All feedback will be treated confidentially and will be collated into a table of results.
We require your feedback by August 10, 2007
1) Who is the leading bank globally for documentary processing services?
2) Who is the most innovative and responsive trade services bank?
3) Who is the leading trade services bank in Asia-Pacific?
4) Who is the leading trade services bank in Eastern Europe/CIS?
5) Who is the leading trade services bank in Western Europe?
6) Who is the leading trade services bank in Latin America?
7) Who is the leading trade services bank in North America?
8) Who is the leading trade services bank in Sub-Saharan Africa?
9) Who is the leading trade services bank in the Middle East & North Africa?
10) Which IT provider / supply chain company has the best trade finance offering?
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GTR magazine is widely accepted among trade and export finance practitioners as the most authoritative global voice for the market and an unrivalled source of news, articles, features, data and leads.
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