TXF in depth

TXF Stages for Change 2020: Top takeaways and actions
TXF Stages for Change 2020: Top takeaways and actions
Eavie Burnett
5 August 2020

On 17 July, TXF gathered a diverse group of trade finance professionals to celebrate our female and minority leaders. TXF’s Eavie Burnett highlights a few of the conclusions that were reached.

Shop talk: VTB on combating trade loan turbulence
Shop talk: VTB on combating trade loan turbulence
Max Thompson
28 July 2020

TXF spoke with Anna Ponomareva, head of ECA and agency finance at VTB to discuss the challenges the Russian bank has faced in responding to the Covid-19 crisis, as banks and customers demand more strict trade loan requirements.

TXF-ICC Global Survey on Trade Finance 2020
TXF-ICC Global Survey on Trade Finance 2020
Max Thompson
22 July 2020

The 11th edition of the ICC Global Survey on Trade Finance incorporates the views of 346 respondents in 85 countries - from international banks to regional and local banks. And this year, a supplementary survey helped to shed some light on the impact of the Covid-19 crisis on trade flows and trade finance.

TXF Originals

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...

New head of commercial finance for Bank Leumi UK
3 August 2020

Roy Shilo has been appointed head of commercial finance for Bank Leumi UK. His new role at the bank encompasses trade finance services and products fo...

IFRS embarks on full review of trade payables accounting rules
22 June 2020

The International Financial Reporting Standards (IFRS) Interpretations Committee voted on 16 June to approve further investigation into supply chain f...

TXF Data

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 JP Morgan 4857m 11 7.5%
2 BNP Paribas 4662m 24 7.2%
3 Société Générale 3808m 24 5.9%
4 ING Bank 3785m 35 5.8%
5 MUFG Bank 2992m 21 4.6%
6 Sumitomo Mitsui Banking Corporation (SMBC) 2594m 16 4%
7 Mizuho 2459m 16 3.8%
8 Credit Agricole CIB 2451m 16 3.8%
9 HSBC 2019m 13 3.1%
10 Rabobank 2007m 23 3.1%

TXF Podcast

Song of the day

U2
With Or Without You
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