February

IADB promotes Trans-Pacific Partnership 02 February 2012

IADB supports efforts to strengthen Asia-Latin America trade and investment ties through the Trans-Pacific Partnership.

January

Update: Wells Fargo banker jailed for US Ex-Im fraud 31 January 2012

Wells Fargo loan officer Gerard Uribe is jailed for his part in the largest case of fraud on export credit agency US Ex-Im.

BNDES’ disbursements reach R$140 billion in 2011 31 January 2012

BNDES releases results for 2011 showing a 47% increase in funding operations.

KfW IPEX and Nordea credit Brazil’s Telemar 27 January 2012

Finnish export credit agency Finnvera returns to cover further loans for the expansion of Telemar’s mobile network in Brazil.

JPM hires Americas export & supply chain MD 20 January 2012

JP Morgan has hired a new managing director for its Treasury Services business covering export and supply chain finance across the Americas.

CA-CIB funds ABC Aerolineas’ A320-200s 19 January 2012

The Mexican carrier has closed debt financing for two A320-200s with Crédit Agricole CIB and European export credit agencies.

IADB approves emerging energy fund 18 January 2012

The Inter-American Development Bank has approved new funds for renewable energy and clean technology companies.

BBVA moves transactional trade finance head 18 January 2012

BBVA has relocated its transactional trade finance head to New York to maximize its cross border business and Latin American and USA networks.

Sinosure covers ArcelorMittal’s suspended Monlevade project 16 January 2012

Chinese export credit agency Sinosure is guaranteeing a buyer credit loan to ArcellorMittal for work on the now-suspended Monlevade steel plant expansion in Brazil.

Giek backs drill ship delivery 12 January 2012

Giek supports drill ship delivery to oil and gas firm Chloe Marine Corporation.

Peru gold mine signs EDC-backed leasing loan 12 January 2012

Citi signs EDC-backed leasing deal on behalf of Peru’s Minera Barrick Misquichilca.

Venezuelan state steel project secures Hermes cover 11 January 2012

German export credit agency Euler Hermes has issued cover on a BBVA-led loan to Venezuelan National Steel Company EPSSN.

Norton Rose expands into Latin America and Central Asia 04 January 2012

Law firm Norton Rose Group has merged with Canada’s Macleod Dixon allowing the firm to expand into Latin America and Central Asia for the first time.

Pine secures first Islamic funding for trade 03 January 2012

Brazilian bank Pine has secured its first-ever Islamic funding tranche for trade finance.

India Exim credits Guyana’s hospitals 03 January 2012

The Export-Import Bank of India has agreed to support Guyana’s latest public spend on a new hospital facility specialising in heart and brain surgery.

Mizuho and JBIC cofinance renewables loan 03 January 2012

Mizuho and JBIC have cofinanced a loan to BCIE to support the development of renewable energy projects in Central America.

Reficar financing signs 03 January 2012

The export credit agency-backed deal for Ecopetrol’s Reficar project has signed, including the second largest ever approved financing by US Ex-Im.