Trade Finance News

VakifBank wins post-crisis first

Turkey’s VakifBank has signed its first syndicated loan with a tenor in excess of a year since before the global crisis began.

Demica report holds warning for banks

European banks are in danger of losing clients to competitors if they do not start offering a greater range of alternative financing.

Canadian FI wins floorplan contracts

Canada’s TCF Inventory Finance has made a double expansion to its floorplan financing capabilities.

Rabobank enhances clean energy team

Tony Muoser is set to join Rabobank’s renewable energy and infrastructure finance (REIF) Americas group.

Norwegian bank backs Rmb trade

China’s drive to make the renminbi a widely used currency has moved to the Norwegian banking sector.

HSBC shows force in Asia Pacific

StanChart hires internally for global head

Stemcor tests Asian appetite

African mining draws Australian interest

Turkish bank issues first sukuk

Citi expands China offering

Rusal returns to strong profit

Miga branches out into Asia

Armenian SMEs get promising offer

ABN Amro funds Korean shipping