TXF in depth

Export finance sector shines through
Export finance sector shines through
Jonathan Bell
8 April 2021

The export finance sector has remained robust and resilient throughout the pandemic. TXF’s Industry Report and the Deals of the Year 2020 demonstrate this clearly. But what is the sector outlook for 2021 and beyond?

Greensill debacle - lessons for the SCF industry
Greensill debacle - lessons for the SCF industry
Viacheslav Oganezov
1 April 2021

Viacheslav Oganezov, CEO of Finverity, a cross-border supply chain finance platform for mid-market and alternative lenders, outlines the role fintech platforms can play in promoting greater transparency in the SCF market.

Commodity finance report: Global deal volume drops by nearly half
Commodity finance report: Global deal volume drops by nearly half
Max Thompson
31 March 2021

Overall volumes of global commodity trade financing fell by almost 50% according to the full-year 2020 TXF Commodity Finance report. Max Thompson reviews this significant drop and assesses the impact of the Covid-19 crisis on commodity-linked corporate fundraising alongside the retreat of several major international banks from the sector.

TXF Originals

Trafigura Investment secures inventory loan
5 May 2021

China based Trafigura Investment, a subsidiary of Trafigura, has closed a one-year CNY550 million ($85 million) uncommitted secured syndicated in...

AAA Oils out to banks for downsized annual term loan
4 May 2021

Singapore-based AAA Oils and Fats, a wholly-owned trading subsidiary of Apical – one of the largest exporters of palm oil in Indonesia – i...

LTR event will discuss SMEs search for financing
4 May 2021

On Friday 7 May at 12.30 BST the London Trade Roundtable will be hosting a virtual panel discussion focusing on SMEs and the challenges of raising fin...

PAE bond prices and defies market expectation
29 April 2021

Oil and gas producer Pan American Energy (PAE) – a joint venture between BP and BC Energy Investments Corp – defied some market expectatio...

Trafigura taps US PP market for sixth time
26 April 2021

Trafigura has sold yet another US private placement (PP) – a $203.5 million package which marks its sixth ever US PP issuance. Closed just over ...

TXF Data

Commodity Trade Finance Lender 2020

Bank USDm No %
1 ING Bank 6455m 71 5.6%
2 Société Générale 6018m 57 5.2%
3 BNP Paribas 5299m 44 4.6%
4 JP Morgan 5045m 15 4.4%
5 Sumitomo Mitsui Banking Corporation (SMBC) 4490m 29 3.9%
6 MUFG Bank 4456m 37 3.9%
7 Crédit Agricole CIB 4266m 37 3.7%
8 Mizuho 3745m 29 3.2%
9 Natixis 3579m 45 3.1%
10 Rabobank 3487m 47 3%

TXF Podcast