Region - Americas
IADB's Trans-Pacific programme fills up
Another six countries are negotiating membership into the IADB’s Trans-Pacific Partnership to boost trade and investment between the US and Asia Pacific.
Brazil and Africa forge trade pact
The African Development Bank and Brazilian Development Bank have agreed a long-term agreement to boost financial cooperation in the two regions.
Brazil's Telemar recieves Nordic backing
Nordea and KfW Ipex Bank are providing a 10-year US$400mn export loan to finance Brazilian telecommunications enterprise Telemar Norte Leste.
Labbat joins JP Morgan
Lillian Labbat has joined JP Morgan as managing director in its treasury services team.
BBVA's Shaw moves to New York
BBVA’s global head of transactional trade finance, Nick Shaw, has transferred to the bank’s New York branch.
A soft spot for Brazil
Although trade finance pricing is beginning to creep up, the Brazilian banking sector is still well-placed to support the trade finance needs of the country’s exporters, writes Rebecca Spong.
Rich pickings in Brazil
Brazil is primed to become a global agricultural superpower as trade flows to china and other Asian countries increase. Trade banks are eager to capitilise on this trend, writes Rebecca Spong.
Pat on the back for Panama
Panama’s economy is reaching a defining moment in its development, offering new prospects for trade and infrastructure financing. Ingrid Norton reports.
BBVA leads Venezuelan steel deal
Venezuelan national steel company EPSSN has won a €480mn loan from a syndicate of banks led by BBVA to finance a steel production project.
Ecopetrol gets US$5bn boost
Colombian oil firm Ecopetrol has signed a US$5bn deal with four international banks to expand its Cartagena refinery project.
Mexican steel venture gets JBIC nod
Mexican steel company Tenigal has won a US$200mn loan from four local banks to finance a steel manufacturing project in Nuevo Leon, Mexico.
Brazilian transport gets international support
Brazilian transport enterprise Embraport has won a US$430mn syndicated loan from a group of international and development banks to construct a container and liquids terminal in Brazil.
StanChart appoints trade sales director
Jane Belova-Barr has joined Standard Chartered in New York as director of its trade asset sales for the Americas.
Petrobras to sign UK-backed credit line
Brazilian oil company Petrobras has secured a US$1bn line of credit with a syndicate of four banks comprising of BBVA, Citi, HSBC and Santander.
Fimbank forms Brazilian factoring JV
Malta-based Fimbank along with the IFC and Bicbanco have launched a factoring company for Brazilian corporates and small and medium enterprises.
