TXF in depth

The view from Asia: Preparing for globalisation mark two
The view from Asia: Preparing for globalisation mark two
Katharine Morton
1 November 2018

Farooq Siddiqi, global head of trade and Samuel Mathew, global head of documentary trade at Standard Chartered talk to TXF in Singapore about the big picture of protectionism and the wider march of technology in trade. The message is, don’t fixate on digital ‘islands’ as going more deeply into local markets could be the answer.

Blockchain’s big opportunity: rebooting trade finance
Blockchain’s big opportunity: rebooting trade finance
Sen Ganesh
31 October 2018

Will blockchain be able to learn the lessons of previous failures in attempts to digitise global trade? Sen Ganesh, partner with Bain & Company’s Financial Services practice and Joshua Kroeker, director and blockchain lead at HSBC Commercial Banking argue there’s a good chance, and that blockchain could even boost uptake of documentary credits if players follow certain maxims: think big, start small, grow fast.

All aboard for African railway projects?
All aboard for African railway projects?
Jonathan Bell
31 October 2018

Rail projects have the capability to change the face of the African continent for both freight and urban passengers. But, argues Jonathan Bell, proper planning of viable rail links is essential if they are to find the right backers and mix of financing.

TXF in brief

Financial close for Farabi Petrochemical complex
12 November 2018

Farabi Petrochemicals has reached financial close on its SAR4.5 billion ($1.2 billion) linear alkyl benzene project in Yanbu. The deal, initially e...

I-75 Segment 3 highway P3 nears financial close
9 November 2018

A $600 million-plus private activity bond (PAB) issue by Michigan Strategic Fund (MSF) is expected to price on November 14. Proceeds will be on-l...

Wpd shortlists partners for Taiwan offshore wind
9 November 2018

Wpd Taiwan has shortlisted three bidders for an up to 49% stake in its offshore wind projects – the 708MW Yunlin and 350MW Guanyin projects. The...

Monaro joins Deutsche Securities
9 November 2018

Sergio Monaro has joined Deutsche Bank Securities as an executive director based in New York. He reports to managing director Gabriel Roitman and will...

360Energy looking at sell-to-build for Argentine PV portfolio
9 November 2018

With financing options limited by the Argentine financial crisis, 360Energy is looking at selling some of its Argentine PV projects to ...

TXF Data

Export & Agency Finance MLA Full year 2018

Bank USDm No %
1 Santander 5859m 31 11%
2 Credit Agricole CIB 4690m 20 8.8%
3 HSBC 3546m 27 6.6%
4 BNP Paribas 2998m 18 5.6%
5 Société Générale 2523m 14 4.7%
6 Citi 2487m 14 4.7%
7 ING Bank 2350m 25 4.4%
8 Natixis 2286m 5 4.3%
9 UniCredit 2261m 8 4.2%
10 Deutsche Bank 2001m 11 3.7%

Commodity Trade Finance MLA Full year 2018

Bank USDm No %
1 ING Bank 8909m 62 8.6%
2 BNP Paribas 6448m 33 6.2%
3 Natixis 6036m 25 5.8%
4 MUFG Bank 4962m 23 4.8%
5 ABN AMRO 3931m 30 3.8%
6 Deutsche Bank 3882m 20 3.7%
7 UniCredit 3652m 26 3.5%
8 Standard Chartered 3500m 19 3.4%
9 Rabobank 3405m 22 3.3%
10 Société Générale 3395m 28 3.3%

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