TXF in depth

 Shop talk: Trade credit insurance where it's due, eventually
Shop talk: Trade credit insurance where it's due, eventually
Max Thompson
12 October 2018

Potential changes to PRA regulations, IFRS accounting standards and sovereign risk exposures, mean the trade credit insurance landscape will have to evolve. Gary Lowe, head of the credit insurance desk at Standard Chartered, gives his take on these regulatory constraints and what trade credit insurance in a post-Brexit world will look like.

North Sea M&A: Balanced for mutual benefits
North Sea M&A: Balanced for mutual benefits
Daniel Pembrey
11 October 2018

Innovative sale and security structures have attracted a new breed of private equity-backed buyers into North Sea oil assets being sold off by the majors. And as the M&A opportunities increase, strong appetite from an increasingly diversified lender pool is also emerging.

US drives through to reach trade and investment positives
US drives through to reach trade and investment positives
Jonathan Bell
10 October 2018

With the new trade agreement between the US and Canada, a revised NAFTA, and the passing of the BUILD Act in the US, Jonathan Bell asks if we are finally beginning to see some positives on trade from the politicians?

TXF in brief

Bedwood joins Societe Generale as MD of London RBL team
22 October 2018

Stephen Bedwood has joined Societe Generale as a managing director in the London reserve-based finance (RBF) team. He joined in August after almost 13...

Baihas Baghdadi joins Network Steel Resources
22 October 2018

Baihas Baghdadi has joined Network Steel Resources as chief executive officer, International Division, based in Madrid. Baghdadi had spent the past 10...

Jawa 1 reaches initial close on ECA/DFI-backed facility
22 October 2018

PT Jawa Satu Power (JSP) and PT Jawa Satu Regas (JSR) – joint project companies owned by Indonesian state-owned Pertamina (40%), ...

ECOM Agroindustrial signs debut sustainability-linked RCF
22 October 2018

ECOM Agroindustrial has signed a $650 million multi-currency sustainability-linked revolving credit facility (RCF). The swiss global commodity trading...

Tui Cruises closes SACE-backed loan for two new-concept ships
19 October 2018

Tui Cruises, a joint venture between Royal Caribbean and Tui Group, has closed a €1.2 billion ($1.37 billion) SACE-backed facility to finance the...

TXF Data

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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