-
March
Export Development Canada is providing a $48 million loan to Russia’s Gazprombank to finance the purchase of equipment to capture and process flared gas.
-
Russian oil producer Tatneft is set to mandate banks this week for a jumbo pre-export financing revolver.
-
February
Banks have signed the Euler Hermes-backed tranche of a jumbo project financing to build a 500 tonne polypropylene production complex in Russia.
-
The EBRD has sold its minority stake in Centerra Gold, the Canadian-based gold mining and exploration company, operating primarily in the Kyrgyz Republic and Mongolia.
-
Asian Development Bank President Haruhiko Kuroda has announced that ADB will open a resident mission in Turkmenistan's capital, Ashgabat.
-
Russian oil producer Gazpromneft has mandated SG, Natixis and BTMU for a debut pre-export financing, but the market asks: has pricing gone too low?
-
Russia’s Vnesheconombank and Abkhazia’s Universal-bank have signed a general agreement of cooperation to promote trade.
-
To protect its debt restructuring plan, Kazakhstan’s Alliance Bank has filed for chapter 15 bankruptcy to prevent US lawsuits.
-
The European Bank of Reconstruction and Development has signed a MoU to invest in infrastructure and industrial projects in Kazakhstan.
-
Belgian export credit agency ONDD has increased its insurance premiums for Estonia, Lithuania and Latvia.
-
Russian oil producer Gazpromneft has asked for funding proposals from banks last week as it decides whether to mandate a jumbo pre-export financing.
-
The European Bank for Reconstruction and Development and the European Fund for Southeast Europe have provided a loan to support micro and small enterprises in Moldova.
-
The European Bank of Reconstruction and Development has announced a new strategy to support Kazakhstan, which does not involve either Alliance Bank or BTA Bank.
-
Intesa Sanpaolo and VTB Capital have signed a trade-realted loan to Belarusbank.
-
Vneshekonombank will set up an export credit agency within four years according to the bank’s CEO Vladimir Dmitriev.
-
Drum Risk Management has hired a business development manager to boost its services in the CIS.
-
Russian oil producers Bashneft and Gazpromneft are deciding between pre-export financings or bond issues as they approach bankers for new loans.
-
January
Russian cellulose producer Vyborgskaya Cellulose (Vyborg) is using a pre-export financing to build the world's largest wood pellet plant.
-
Russia-based Salans partner Glenn Kolleeny has been elected to the firm’s global board.
-
IFC plans to buy up nonperforming loans in Central and Eastern Europe in cooperation with Varde Partners, a distressed debt and asset firm.
-
Ildar Muslimov has been appointed the chairman of Bank Uralsib’s management board.
-
Rabobank and Banco Espirito Santo (BES) and the UK’s Ocean Partners have closed a second limited recourse pre-payment facility to fund Mongolian copper miner Erdenet.
-
Russian oil major Tatneft is looking to push-out the tenor on its latest pre-export financing.
-
Swedish development agency Sida is set to do more business in Central and Eastern Europe as it receive guarantees through the second phase of IFC’s Global Trade Liquidity programme.
-
Japanese export credit agency JBIC and Citi have signed a trade loan for the Development Bank of Kazakhstan.
-
The Export Import Bank of India has signed a line of credit to Russia’s VEB.
-
The development bank for the Netherlands, FMO, has signed its first loan in Kyrgyzstan to Kyrgyz Investment and Credit Bank.
-
The Opec Fund for International Development has signed a loan with Amrahbank in Azerbaijan to increase the bank’s trade finance market coverage.
-
Russian joint-venture factoring firm, FactorRus, has appointed a new CEO.
-
Change in status further opens up three new markets for US exporters.
-
Bank of Moscow has seen its trade refinancing oversubscribe by $100 million.
-
Russia’s Novolipetsk Steel has secured its first multi-sourced export credit agency deal.