TXF in depth

Buoying the black stuff
Buoying the black stuff
Sean Keating
10 April 2019

A statement on March 28 by Japan’s Environment Minister signals a potential change in the government’s pro coal-fired power policy. But domestic energy security issues and valuable export markets for Japan's ‘clean-coal’ technology mean any real change will take decades rather than years.

Corporate Perspectives: Talking digital Asia trade and treasury with GE
Corporate Perspectives: Talking digital Asia trade and treasury with GE
Katharine Morton
10 April 2019

Manu Taneja, director of regional cash & banking, APAC at GE Corporate Treasury in Singapore sees a role for traditional trade finance in Asia, but digitisation will be core to the future – as will the role of treasury itself.

Vodafone SCF: Who's supporting who?
Vodafone SCF: Who's supporting who?
Oliver Gordon
4 April 2019

Vodafone has been using complex financial engineering devised by GAM and Greensill to enable it to profit from and invest in its own SCF offerings and bolster its DPO. The trouble is the system leaves little reason for procurers to pay suppliers on time.

TXF in brief

GWA mandates debt refinancing
25 April 2019

Rail operator Genesee & Wyoming Australia (GWA) – owned by US-based Genesee & Wyoming and MIRA – has mandated Macquarie Capit...

Peru’s largest agri water project gains financing traction
24 April 2019

Majes Siguas II, Peru’s largest agricultural irrigation scheme, has finally re-gained financing traction after the scheme was put on hold for ne...

Brazil's LNG-to-power project sounds out banks for phase two
23 April 2019

Sponsors of phase one for the $1.2 billion 1,338GW UTE Geracao de Energia (GNA I) LNG-to-power project in Brazil – Prumo Logistics, BP and Sieme...

SPDC and NNPC to raise $700m for gas project
17 April 2019

Seplat Petroleum Development Company (SPDC) and Nigerian National Petroleum Corporation (NNPC) are to raise $700 million for a joint gas project, to b...

Lima Airport lender line-up takes shape
17 April 2019

The $1.8 billion Lima Airport in Peru is expected to close in Q3 2019 to finance the expansion of a second runway and passenger terminal.The concessio...

TXF Data

Commodity Trade Finance MLA Full year 2018

Bank USDm No %
1 Natixis 12131m 41 8.4%
2 ING Bank 11151m 84 7.7%
3 BNP Paribas 7651m 44 5.3%
4 Société Générale 6015m 51 4.2%
5 MUFG Bank 5552m 32 3.8%
6 ABN AMRO 4979m 42 3.4%
7 Deutsche Bank 4304m 25 3%
8 Rabobank 4286m 36 3%
9 Standard Chartered 4197m 24 2.9%
10 UniCredit 4069m 34 2.8%

TXF Podcast

Song of the day

Barry McGuire
Eve of destruction
Listen on TXFunky