TXF in depth

Vodafone SCF: Who's supporting who?
Vodafone SCF: Who's supporting who?
Oliver Gordon
4 April 2019

Vodafone has been using complex financial engineering devised by GAM and Greensill to enable it to profit from and invest in its own SCF offerings and bolster its DPO. The trouble is the system leaves little reason for procurers to pay suppliers on time.

Export finance – looking back at some of the best crystal ball gazers in the business
Export finance – looking back at some of the best crystal ball gazers in the business
Jonathan Bell
3 April 2019

Back in 2014 TXF hosted an export finance filmed webinar with participants assessing both the state of the industry then and how it might be in 2019. Jonathan Bell examines what was said about the industry then and how the predictions stack up in today’s landscape.

Olam: Finding the right blend of commodity finance
Olam: Finding the right blend of commodity finance
Eavie Burnett
3 April 2019

From the first sustainability-linked loan in Asia to the world’s first digital loan, Olam International's fundraising innovations in the agri-business sector are clear. Sujay Sarkar, regional CFO for West & Central Africa at Olam, discusses the commodity trader’s recent activities across Africa – and beyond.

TXF in brief

SPDC and NNPC to raise $700m for gas project
17 April 2019

Seplat Petroleum Development Company (SPDC) and Nigerian National Petroleum Corporation (NNPC) are to raise $700 million for a joint gas project, to b...

Lima Airport lender line-up takes shape
17 April 2019

The $1.8 billion Lima Airport in Peru is expected to close in Q3 2019 to finance the expansion of a second runway and passenger terminal.The concessio...

Carbon Holdings faces new TPC project delays
17 April 2019

Carbon Holdings’ $10.9 billion ECA/DFI-backed Tahrir Petrochemicals Corp (TPC) has progressed more slowly than expected after another delay to t...

Latest BNY Mellon report finds trade finance funding gap still a major concern
16 April 2019

BNY Mellon has released its "Overcoming the Trade Finance Gap: Root Causes and Remedies" report, which finds that the trade finance gap rema...

Lorraine launches Moselle river ports PPP tender
15 April 2019

Local municipalities in Lorraine – along with the Grand Est region and national navigation agency VNF – have launched the tender for a PPP...

TXF Data

Export & Agency Finance MLA Full year 2018

Bank USDm No %
1 Santander 7710m 47 8.4%
2 BNP Paribas 7186m 32 7.8%
3 Credit Agricole CIB 6022m 37 6.5%
4 HSBC 5970m 40 6.5%
5 Société Générale 5853m 29 6.4%
6 Deutsche Bank 4056m 28 4.4%
7 MUFG Bank 3940m 23 4.3%
8 ING Bank 3053m 41 3.3%
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 11151m 84 7.7%
3 BNP Paribas 7651m 44 5.3%
4 Société Générale 6015m 51 4.2%
5 MUFG Bank 5552m 32 3.8%
6 ABN AMRO 4979m 42 3.5%
7 Deutsche Bank 4304m 25 3%
8 Rabobank 4286m 36 3%
9 Standard Chartered 4197m 24 2.9%
10 UniCredit 4069m 34 2.8%

TXF Podcast

Song of the day

Lucinda Williams
Drunken Angel
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