TXF in depth

Intra-Asian supply chains to grow significantly says HSBC
Intra-Asian supply chains to grow significantly says HSBC
Jonathan Bell
17 September 2020

The prolonged Covid pandemic is encouraging significant changes in global trade patterns, and according to a recent HSBC survey, Asian corporates are expanding their supply chain footprint throughout Asia. We also look at ways to help reduce the $2-$5 trillion global trade finance gap.

Time to double down on trade digitisation? On counting virtual beans
Time to double down on trade digitisation? On counting virtual beans
Katharine Morton
26 August 2020

TXF looks at distinctions between virtual and real in trade digitisation. How much is the current crisis helping drive change? The challenges are more than simply counting metaphorical beans.

ABCP: Needs must when the devil drives in discombobulated trade markets?
ABCP: Needs must when the devil drives in discombobulated trade markets?
Katharine Morton
12 August 2020

China’s underreported new ABCP digitisation play, if it works, could have implications for trade finance markets. It’s a big if, but it certainly warrants closer attention to how the pilots could presage changes to sidestep bank financing.

TXF Originals

Olga Kompaniets joins EBRD
28 October 2020

Olga Kompaniets has joined EBRD as principal banker on the Trade Facilitation Programme (TFP) within the Financial Institution Team at EBRD based in L...

New President of Berne Union announced
26 October 2020

Michal Ron, Chief International Officer of SACE, is to be the next President of Berne Union, which represents the global export credit and investment ...

Vrontamitis to step down from StanChart
18 September 2020

Michael Vrontamitis, a stalwart of the international trade finance industry, is to leave Standard Chartered Bank at the end of October. Vrontamitis, w...

ING appoints van Vliet as global head of KYC
11 September 2020

ING has given previous commodity finance head Anthony van Vliet the role of global head of KYC for wholesale banking. In his new role, which he starte...

BNP Paribas halts new commodity trade finance deals amid EMEA review
5 August 2020

BNP Paribas has halted new commodity trade finance deals while it reviews its involvement in the business in Europe, Middle East and Africa.The French...

TXF Data

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 JP Morgan 4857m 11 7.4%
2 BNP Paribas 4734m 25 7.2%
3 Société Générale 3843m 26 5.9%
4 ING Bank 3798m 36 5.8%
5 MUFG Bank 2992m 21 4.6%
6 Sumitomo Mitsui Banking Corporation (SMBC) 2594m 16 4%
7 Crédit Agricole CIB 2459m 17 3.8%
8 Mizuho 2459m 16 3.8%
9 HSBC 2031m 14 3.1%
10 Rabobank 2026m 24 3.1%

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