TXF in depth

How development banks can lead trade finance’s blockchain transition
How development banks can lead trade finance’s blockchain transition
Oliver Gordon
24 May 2021

In a deal that will save weeks in processing time, African development bank TDB is using blockchain technology to finance $400 million-worth of fertiliser trade finance transactions for Morocco’s OCP Group.

Charging up: The bittersweet copper price rally
Charging up: The bittersweet copper price rally
Aife Howse
19 May 2021

Copper prices have surged to a decade-long high off the back of demand from a global green industrial revolution. But with the potential of new supply masked by uncertainty, could prices jump to the point of hinderance to the Paris Climate Agreement?

Mining: A different shade of green
Mining: A different shade of green
Thomas Hopkins
14 May 2021

The mining sector is becoming a new frontier for green finance, as lenders take a greater interest in ESG issues. While green finance in mining has the potential to achieve positive environmental reforms, there is still uncertainty about how such lending will be regulated. What challenges might regulators face as they turn their attention to this emergent area of ESG finance?

TXF Originals

Ever Given container ship Suez saga drags on
21 June 2021

The case of the Ever Given ultra large container vessel which blocked the Suez Canal for six days back in March continues to drag on in Egyptian court...

LTR free virtual event to focus on sustainability in trade finance
16 June 2021

The next London Trade Roundtable (LTR) virtual event is entitled ‘Charting a path towards sustainable trade finance’ and takes place Frida...

ONCG Videsh launches new $500m facility
15 June 2021

The overseas arm of India’s state-owned Oil and Natural Gas Corp, ONGC Videsh, has returned to the debt market for a new five-year $500 million ...

Uralkali closes on upsized $1.25bn ESG-tied PXF
11 June 2021

Russian potash producer Uralkali has secured a new five-year $1.25 billion sustainability-tied PXF – the first time the company has linked its m...

Madden promoted to director of MUFG's Dubai corporate advisory
7 June 2021

Timothy Madden was promoted from vice president to director of MUFG’s corporate advisory in Dubai this month. Madden will focus on capital struc...

TXF Data

Commodity Trade Finance Lender 2020

Bank USDm No %
1 ING Bank 6469m 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

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The Magic Numbers
Forever lost
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