TXF in depth

TXF-ICC Global Survey on Trade Finance 2019
TXF-ICC Global Survey on Trade Finance 2019
Max Thompson
22 July 2020

The 11th edition of the ICC Global Survey on Trade Finance incorporates the views of 346 respondents in 85 countries - from international banks to regional and local banks. And this year, a supplementary survey helped to shed some light on the impact of the Covid-19 crisis on trade flows and trade finance.

Shop talk: EIB ups impact finance ingenuity
Shop talk: EIB ups impact finance ingenuity
Elsa Fucile
20 July 2020

Guido Clary, head of Slovenia and Western Balkans unit at EIB, outlines the DFI’s response to the Covid-19 crisis and explains how its new impact financing initiative, a gender-tied project loan facility via UniCredit Serbia, works.

US Exim has key role to play in China trade war
US Exim has key role to play in China trade war
Jonathan Bell
16 July 2020

The US administration has drastically upped the ante in its economic war against China with its actions against Huawei. At the same time, US Exim is one agency that has been charged to not only promote US exports and jobs but also counter Chinese state financing where necessary. Jonathan Bell assesses the developments and implications.

TXF Originals

New head of commercial finance for Bank Leumi UK
3 August 2020

Roy Shilo has been appointed head of commercial finance for Bank Leumi UK. His new role at the bank encompasses trade finance services and products fo...

Leviathan pricing guidance issued
31 July 2020

Pricing guidance is out on the $2.25 billion Leviathan bond, proceeds from which will take out the $1.75 four-year construction financing Delek Drilli...

Southwest Generation closes on Mankato Energy Center acquisition financing
31 July 2020

Southwest Generation – via special purpose vehicle MEC Holdings – has reached financial close on $496.4 million of debt to part finance it...

UK's business secretary eyes national development bank
31 July 2020

The UK's business secretary, Alok Sharma has privately put forward the idea for a national development bank, which is expected to encompass areas ...

AIIB mulls over Indian solar project financing
31 July 2020

Ayana Ananthapuramu Solar - a project vehicle comprising Green Growth Equity Fund (25.5%); National Investment and Infrastructure Fund (25.5%) and CDC...

TXF Data

Export & Agency Finance Lender H1 2020

Bank USDm No %
1 Sumitomo Mitsui Banking Corporation (SMBC) 3789m 14 8.2%
2 BNP Paribas 2186m 12 4.7%
3 Citi 2135m 5 4.6%
4 KfW IPEX-Bank 1879m 11 4.1%
5 MUFG Bank 1857m 13 4%
6 Industrial and Commercial Bank of China (ICBC) 1773m 3 3.8%
7 Mizuho 1741m 9 3.8%
8 Société Générale 1639m 10 3.5%
9 Santander 1589m 16 3.4%
10 Deutsche Bank 1539m 7 3.3%

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 JP Morgan 4857m 11 7.8%
2 BNP Paribas 4662m 24 7.5%
3 Société Générale 3670m 21 5.9%
4 ING Bank 3181m 30 5.1%
5 MUFG Bank 2837m 18 4.6%
6 Sumitomo Mitsui Banking Corporation (SMBC) 2517m 15 4%
7 Credit Agricole CIB 2444m 15 3.9%
8 Mizuho 2405m 15 3.9%
9 HSBC 2019m 13 3.2%
10 UniCredit 1868m 13 3%

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