Trafigura attracts new lenders to bumper financing, agrees German strategic commodities deal
25-10-22 / by Eleanor Wragg
Global commodity trader Trafigura has closed a US$2.4bn financing package with a group of Asian...Bank of Communications
Cofco International secures US$1.6bn sustainability-linked loan
20-07-22 / by Felix Thompson
Chinese commodities trader Cofco International has closed a US$1.6bn sustainability-linked loan that includes margin savings based...
China’s Bank of Communications accuses Sinopec of fraud in legal row
03-11-21 / by Jacob Atkins
The Bank of Communications has accused Chinese oil trader Sinopec, the world’s second-biggest company by...
Trafigura secures bumper deal with Middle East and Asian lenders
25-10-21 / by Felix Thompson
Global commodity trader Trafigura has secured a US$2.4bn debt package from a group of banks...
China’s banks urged to stop funding global deforestation
09-06-21 / by Felix Thompson
An influential campaign group has called for greater oversight of Chinese banks over concerns that...
HSBC performs first live forfaiting transaction on China’s CTFU blockchain platform
04-11-20 / by Eleanor Wragg
HSBC has completed a live interbank forfaiting transaction with Bank of Communications on the China...
Afreximbank secures second China Exim-backed term loan
14-01-19 / by Shannon Manders
The African Export-Import Bank (Afreximbank) has closed a US$500mn five-year syndicated term loan guaranteed by...
Chinese steel trader wins long-running documentary fraud dispute
26-04-18 / by Finbarr Bermingham
The English Court of Appeal has found in favour of Chinese steel trader Sinocore International...
Bank of Comms UK hires TF veteran
13-03-13 / by GTR
Bank of Communications UK has appointed Keith Dixey to head its trade finance origination business.