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Deutsche Bank makes new senior appointment at GTB

Deutsche Bank has appointed George Lee as director and head of implementation and service for Global Transaction Banking's (GTB) trade finance and cash management corporates business in the Americas.

BNP Paribas and SACE together for TIM Brasil

A US$144mn loan with 80%-Sace guarantee was granted by BNP Paribas to the third-largest provider of mobile phone services in Brazil, TIM Brasil.

US Ex-Im Bank appoints senior vice president, small business

Wisconsin-born John Richter has been named senior vice president of the small business division of the Export-Import Bank of the United States (US Ex-Im Bank).

Alfa Bank extends relationship with Misys

Misys, global application software and services company and leading international banking software provider in Russia, has announced that Alfa Bank has extended its relationship with the company until at least 2020.

Corporate to bank trade messaging launched

Banks and corporates are now able to exchange trade finance-related information, including letters of credit advice and applications, via Swift’s financial messaging network.

Akbank wins syndicated loan

Turkey’s Akbank has secured a US$600mn syndicated loan.

Lamy calls for trade finance to be a top priority

Pascal Lamy, director-general of the World Trade Organisation (WTO), has called for the immediate resumption of efforts in the New Year to improve the availability of trade finance.

EBRD supports Romanian small businesses

The European Bank for Reconstruction and Development (EBRD) is increasing its support for small and medium-sized enterprises in Romania through a €100mn loan to Banca Transilvania.

EIB agrees €150mn loan with India Exim Bank

The European Investment Bank (EIB) is providing a €150mn loan to the Export-Import Bank of India (India Exim Bank) to support projects contributing to climate change mitigation.

Eletrobrás receives loan from KfW

Eletrobrás, the Brazilian federal energy holding group, has obtained a €37.2mn loan from German development bank, KfW Entwicklungsbank to construct a hydro complex  in the Santa Catarina state.