TXF in depth

Lebanon takes advantage of deep roots in trade
Lebanon takes advantage of deep roots in trade
Katharine Morton
13 February 2019

Like its national symbol, the cedar tree, Lebanon has deep roots as a regional trade hub. With the right support, the country is poised to benefit from its unique position. In this discussion in Beirut, hosted by BNY Mellon, TXF finds the banks are showing best practice in adopting global regulation and asks how they are adapting to rapid change in the face of global protectionism and trade digitisation.

S&W breakfast briefing: Treading carefully over sanctions
S&W breakfast briefing: Treading carefully over sanctions
Ross Crear
13 February 2019

In the latest edition of law firm Sullivan & Worcester’s Trade Finance Breakfast Seminar, partner Geoffrey Wynne assesses the vulnerability of trade and commodity finance to money laundering while stepping into the sanctions minefield by examining their increased use as a political tool.

Bright ideas: DFIs up local currency lending
Bright ideas: DFIs up local currency lending
Ross Crear
11 February 2019

Development finance institutions (DFIs) are increasing their local currency finance as they look to alleviate borrower's FX risks and manage unsustainable hard currency reliance in emerging markets. But local currency financiers have lessons to learn as expensive bond issues can add to debt burdens, rather than solve them.

TXF in brief

Bridge Power CCGT nears bank mandates
20 February 2019

The Early Power consortium – a joint venture between Endeavour Energy (majority shareholder), GE and Sage – are near to commercial bank ma...

Macquarie looks to mandate banks for Hobart Airport sale
19 February 2019

Macquarie Global Infrastructure Fund III has approached banks to arrange a two-stage auction for its 51% share in Hobart International Airport. The 10...

RAPID to mandate banks by end of Q1 2019
18 February 2019

Sponsors of the $15.3 billion Pengerang refining and petrochemical integrated development (RAPID) project in Malaysia – Petronas (50%) and Saudi...

Pertamina seeks financing for Balikpapan expansion
18 February 2019

State owned oil and gas company Pertamina is seeking financing for the Balikpapan refinery expansion in East Kalimantan, Indonesia.The $5 billion expa...

JTB gas field RFP launched
18 February 2019

Pertamina EP Cepu has launched a request for proposals (RFP) for financing the Jambaran Tiung Biru (JTB) gas field unitisation project in Bojonegoro r...

TXF Data

Export & Agency Finance MLA Full year 2018

Bank USDm No %
1 Santander 7720m 47 8.3%
2 BNP Paribas 7117m 31 7.6%
3 HSBC 5970m 40 6.4%
4 Credit Agricole CIB 5963m 36 6.4%
5 Société Générale 5863m 29 6.3%
6 Deutsche Bank 4056m 28 4.4%
7 MUFG Bank 3805m 22 4.1%
8 Commerzbank 3140m 41 3.4%
9 UniCredit 3053m 20 3.3%
10 Citi 3045m 17 3.3%

Commodity Trade Finance MLA Full year 2018

Bank USDm No %
1 Natixis 12131m 41 8.4%
2 ING Bank 11236m 84 7.8%
3 BNP Paribas 7651m 44 5.3%
4 Société Générale 5941m 50 4.1%
5 MUFG Bank 5552m 32 3.8%
6 ABN AMRO 4979m 42 3.4%
7 Deutsche Bank 4304m 25 3%
8 Rabobank 4216m 35 2.9%
9 Standard Chartered 4197m 24 2.9%
10 UniCredit 4069m 34 2.8%

TXF Podcast

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