TXF in depth

 Why trade finance is soaring at ADB
Why trade finance is soaring at ADB
Katharine Morton
11 June 2018

Trade finance business is booming at the Asian Development Bank. Katharine Morton spoke to Steven Beck, the ADB’s head of trade and supply chain finance, at the ICC Banking Commission annual meeting in Miami about the reasons underpinning the growth and whether derisking is having an impact.

Argentinean PPP: Investors stay focused
Argentinean PPP: Investors stay focused
Oliver Gordon
7 June 2018

Despite Argentina's recent FX troubles, investor appetite for its new $26 billion PPP programme remains strong – in part because investors are taking a long term view, but also because of the bankability built into the way the concessions are structured.

Out of the sandbox: Creating the right tools for the job
Out of the sandbox: Creating the right tools for the job
Paul Golden
6 June 2018

Financial regulators across Europe, North America and Asia are adopting a variety of strategies to encourage the development of financial technology in their jurisdictions, which does not bode well for the FCA’s ambitions to promote cross-border consensus.

TXF in brief

Balabanli wind extension backed by ECA-covered loan
18 June 2018

UniCredit has provided a subsidiary of Borusan – Balabanli Ruzgar Enerjisinden Elektrik Uretim Turkey – with an ECA-covered loan to part f...

Macquarie raises £2bn loan at 100bp-plus margin
18 June 2018

Pricing on Macquarie Bank's recent raising of £2 billion of corporate debt, of which £500 million will be used for on-lendin...

Mainstream pushes tenor on Kangnas and Perdekraal project debt
18 June 2018

Mainstream Renewable Power has raised around $390 million of syndicated loans from mandated lead arranger Absa and five institutional lenders&nbs...

GE EFS appoints three new sector heads
15 June 2018

GE Energy Financial Services has announced that Kevin Walsh, head of renewables, and Timothy Howell, head of US equity and co-development in...

UKEF appoints new Chief Risk Officer
15 June 2018

UKEF has appointed Samir Parkash as Chief Risk Officer to lead the management of the department’s credit portfolio. Parkash joins from...

TXF Data

Export & Agency Finance MLA Full year 2017

Bank USDm No %
1 BNP Paribas 5311m 34 9%
2 HSBC 4955m 40 8.4%
3 Santander Bank 4867m 22 8.2%
4 Sumitomo Mitsui Banking Corporation (SMBC) 4011m 27 6.8%
5 Société Générale 3464m 21 5.9%
6 Credit Agricole CIB 3264m 21 5.5%
7 KfW IPEX-Bank 2630m 18 4.5%
8 Deutsche Bank 2164m 15 3.7%
9 Standard Chartered 2100m 19 3.6%
10 Citi 1904m 11 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%

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