TXF in depth

Intra-Asian supply chains to grow significantly says HSBC
Intra-Asian supply chains to grow significantly says HSBC
Jonathan Bell
17 September 2020

The prolonged Covid pandemic is encouraging significant changes in global trade patterns, and according to a recent HSBC survey, Asian corporates are expanding their supply chain footprint throughout Asia. We also look at ways to help reduce the $2-$5 trillion global trade finance gap.

Oyu Tolgoi furthers funding pit
Oyu Tolgoi furthers funding pit
Max Thompson
16 September 2020

Rio Tinto via its ownership of Turquoise Hill Resources has finally inked an agreement for the additional financing of the long-dated Oyu Tolgoi mining project in Mongolia - albeit with significant construction risk.

Almaty Ring Road: Great expectations
Almaty Ring Road: Great expectations
Sean Keating
14 September 2020

The Almaty Ring Road PPP financing is a major achievement for Kazakhstan. But are estimations of its impact beyond meeting the project’s objectives too high?

TXF Originals

CAF seals AFD-backed loan for green LatAm projects
25 September 2020

Latin American development bank CAF has sealed a further €100 million ($116.4 million) from the French Development Agency’s (AFD) line of c...

EIB delays Gaza desal legal advisory deadline
24 September 2020

The EIB has granted a deadline extension for the legal advisory role on the Gaza Central Desalination Plant and Associated Works Programme (GCDP). Bid...

Satria PPP financing progressing
23 September 2020

More details have emerged on the ongoing financing for the $550 million Satellite of the Republic of Indonesia (Satria) project.Sponsored by Indonesia...

World Bank invites EoIs from FAs for Delhi-Mumbai expressway
23 September 2020

On 22 September, the World Bank requested expressions of interest from financial advisers for the INR825.14 billion ($11.187 billion) 1,275km Delhi-Mu...

Mercuria returns to launch Asian RCF
23 September 2020

Mercuria has launched its annual Asian revolver at $980 million. The deal is expected to reach financial close in November, with the deadline for bank...

TXF Data

Export & Agency Finance Lender H1 2020

Bank USDm No %
1 Sumitomo Mitsui Banking Corporation (SMBC) 3384m 16 9%
2 BNP Paribas 2379m 14 6.4%
3 Citi 2135m 5 5.7%
4 KfW IPEX-Bank 2101m 13 5.6%
5 Industrial and Commercial Bank of China (ICBC) 2054m 5 5.5%
6 MUFG Bank 1716m 15 4.6%
7 Mizuho 1657m 11 4.4%
8 Deutsche Bank 1654m 9 4.4%
9 Santander 1589m 16 4.2%
10 Société Générale 1299m 10 3.5%

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 JP Morgan 4857m 11 7.5%
2 BNP Paribas 4662m 24 7.2%
3 Société Générale 3808m 24 5.9%
4 ING Bank 3785m 35 5.8%
5 MUFG Bank 2992m 21 4.6%
6 Sumitomo Mitsui Banking Corporation (SMBC) 2594m 16 4%
7 Mizuho 2459m 16 3.8%
8 Credit Agricole CIB 2451m 16 3.8%
9 HSBC 2019m 13 3.1%
10 Rabobank 2007m 23 3.1%

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