TXF in depth

Identity cheques
Identity cheques
Helen Castell
18 May 2018

Could a 20-digit LEI number help banks cut their KYC and compliance costs while narrowing the SME trade finance gap? Yes – but not until regulators get behind it.

Financing international trade: FIT for purpose?
Financing international trade: FIT for purpose?
Katharine Morton
16 May 2018

A call for action. How to get FIT for trade, treasury and risk (without any physical exercise)

The dog that didn’t bark: Is derisking over?
The dog that didn’t bark: Is derisking over?
Katharine Morton
9 May 2018

The hush that has fallen over the banking markets about derisking correspondent banking relations could be read as meaning derisking is the dog that didn’t bark. Is derisking over? Or has the dog been muzzled?

TXF in brief

Oweninny wind project financial close
23 May 2018

Joint sponsors Electricity Supply Board (ESB) and Bord Na Mona have reached financial close on the first phase of the €320 million ($374 million)...

Carbon Holdings launching Tahrir petchem debt to banks
23 May 2018

Carbon Holdings will launch the debt financing to banks for its $10.8 billion Tahrir Petrochemicals Corp (TPC) project in Egypt at a meeting in London...

Hunt Oil Peru refinancing project debt
23 May 2018

Hunt Oil Peru is roadshowing a $600 million 10-year bond issue, the proceeds of which will refinance existing project finance debt, a $90 million term...

Gazprom raises bilateral loan from Credit Agricole
23 May 2018

Gazprom has raised a €600 million ($702 million) five-year loan from Credit Agricole despite Alexei Miller (Gazprom's chairman of t...

MET Group closes RCF
22 May 2018

European energy company MET Group has closed a €50 million ($58.5 million) debut in the medium-term senior unsecured revolving credit (RCF) ...

TXF Data

Export & Agency Finance MLA Full year 2017

Bank USDm No %
1 BNP Paribas 5370m 35 9%
2 HSBC 4955m 40 8.3%
3 Santander Bank 4867m 22 8.2%
4 Sumitomo Mitsui Banking Corporation (SMBC) 4071m 28 6.8%
5 Société Générale 3524m 22 5.9%
6 Credit Agricole CIB 3264m 21 5.5%
7 KfW IPEX-Bank 2630m 18 4.4%
8 Deutsche Bank 2164m 15 3.6%
9 Standard Chartered 2100m 19 3.5%
10 MUFG Bank 1914m 16 3.2%

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

Song of the day

Stereophonics
Maybe Tomorrow
Listen on TXFunky