TXF in depth

Shop talk: Staying ahead in the trade tech race
Shop talk: Staying ahead in the trade tech race
Oliver O'Connell
9 August 2018

In an uncertain and fast-changing trade environment, the challenge for big banks is to be able to adapt quickly to new market realities, while also staying at the forefront of new technologies. Lisa Robins, who moved from Deutsche Bank to Standard Chartered Bank in February to take over as head of transaction banking, discusses the hurdles and opportunities in trade and the developing tech supporting it.

China-US trade punches
China-US trade punches
Jonathan Bell
8 August 2018

Last week's announcement that China plans to impose tariffs on up to $60 billion worth of US goods points to a heating up of the trade war between the two countries. Jonathan Bell takes a closer look at the worsening situation and The Week That Was...

Oil trading: The wrong kind of slick investment?
Oil trading: The wrong kind of slick investment?
Callum Burroughs
7 August 2018

Rising oil prices dampened trader’s profits last year as the market moved from contango to backwardation, and many of the larger houses are already starting to diversify away from the sector. Added to growing ESG awareness among shareholders and lenders, and electric vehicle uptake – what some traders are losing on oil, they are looking to replace long term with metals, LNG, and renewables.

TXF in brief

TrailStone BBL refi signed
17 August 2018

TrailStone, a UK based gas and power business, has refinanced its 2017 $232 million borrowing base lending (BBL) facility – downsizing ...

Parkwind lines up lenders for Northwester 2
17 August 2018

Parkwind has mandated nine commercial banks for project financing of its 224MW Northwester 2 offshore wind farm in the Belgian North Sea. Cons...

Dudgeon Offshore Wind to refi next month
17 August 2018

Sponsors of the 402MW Dudgeon Offshore Wind project – Statoil (35%), Masdar (35%) and China Resources (30%) – are expected to cl...

FNM raises new €200m medium term debt
15 August 2018

Italian regional rail operator FNM has raised a €200 million ($226 million) loan to finance rolling stock capex and refinance current short-term ...

More details on Eikeland-Steinsland wind financing
15 August 2018

More details are coming to light on the recently announced closing of a project bond by MEAG to finance Luxcara’s €200 million ($226.5 mill...

TXF Data

Export & Agency Finance MLA Full year 2017

Bank USDm No %
1 BNP Paribas 5311m 34 9.2%
2 HSBC 4955m 40 8.6%
3 Santander 4867m 22 8.4%
4 Sumitomo Mitsui Banking Corporation (SMBC) 3871m 26 6.7%
5 Société Générale 3464m 21 6%
6 Credit Agricole CIB 3264m 21 5.7%
7 KfW IPEX-Bank 2630m 18 4.6%
8 Deutsche Bank 2164m 15 3.8%
9 Citi 1973m 11 3.4%
10 Standard Chartered 1960m 18 3.4%

Commodity Trade Finance MLA Full year 2017

Bank USDm No %
1 Natixis 11056m 52 10.3%
2 Société Générale 8209m 46 7.7%
3 ING Bank 7272m 75 6.8%
4 Deutsche Bank 4510m 24 4.2%
5 UniCredit 4334m 34 4%
6 Rabobank 3989m 43 3.7%
7 BNP Paribas 3669m 35 3.4%
8 MUFG Bank 3656m 31 3.4%
9 ABN AMRO 3608m 41 3.4%
10 Mizuho 3248m 26 3%

TXF Podcast