ExxonMobil explores Brazil's offshore oil blocks, KDB could merge with Kexim, and Wyelands appoints Turrell to asset finance team

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

• Lee Dong-gull, chairman of Korea Development Bank (KDB), has proposed merging the two state lenders KDB and Kexim to streamline their overlapping areas of policy funding

• Oil major ExxonMobil has won three offshore exploration blocks in the Sergipe-Alagoas basin as part of Brazil’s first permanent bidding round

• Wyelands Bank, set up to help small and medium-sized enterprises, has appointed Mark Turrell to its asset finance team

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