TXF in depth

Lack of trade finance continues to hit SMEs badly
Lack of trade finance continues to hit SMEs badly
Jonathan Bell
4 September 2019

Latest reports indicate that the global trade finance gap stands at $1.5 trillion. Jonathan Bell reviews the scene and questions why so much more isn’t being done to improve the situation.

Etihad Credit Insurance takes flight
Etihad Credit Insurance takes flight
Max Thompson
2 September 2019

Massimo Falcioni, CEO at Etihad Credit Insurance (ECI) talks to TXF about how the UAE’s new ECA has been made operational in record time, and how its plans for the future are being lifted by digitisation and partnership.

Commodity report for H1 2019 shows drastic drop in volumes
Commodity report for H1 2019 shows drastic drop in volumes
Jonathan Bell
28 August 2019

Overall volumes of global commodity trade financing fell by almost 30% according to the TXF H1 2019 Commodity Report. Jonathan Bell reviews this drastic drop and assesses whether it is simply a portrait of volatile commodities and market trends or more far-reaching influences impacting global business.

TXF in brief

Frohling takes over from Evans at HSBC GTRF
13 September 2019

Following the retirement of William Evans, HSBC has promoted Matt Frohling from regional corporate sales manager to managing director and head of US g...

Ternium closes $500m PXF
13 September 2019

Ternium Brasil – a subsidiary of Argentine steelmaker Ternium – has closed a $500 million five-year pre-export financing (PXF).Signed on 9...

Gould leaves MUFG
12 September 2019

Carol Gould, longstanding EMEA head of power and renewables at MUFG, has departed the bank. MUFG will not confirm if she has taken a role elsewhere. G...

Jawa 9 and 10 coal-fired financing progressing
12 September 2019

Sponsors of the 2x1000MW Jawa 9 and 10 ultra-supercritical coal-fired power project in Indonesia – PLN-owned Indonesia Power (51%) and Barito Pa...

Afreximbank mandates banks for dollar bond
12 September 2019

The African Export-Import Bank (Afreximbank) has been testing lender appetite over the past week for a five to ten-year RegS/144A dollar-denominated b...

TXF Data

Commodity Trade Finance Lender H1 2019

Bank USDm No %
1 ING Bank 5589m 44 6.6%
2 BNP Paribas 5464m 36 6.5%
3 Societe Generale 5166m 38 6.1%
4 ABN AMRO 3571m 26 4.2%
5 MUFG Bank 3285m 23 3.9%
6 Natixis 3279m 32 3.9%
7 Citi 3120m 17 3.7%
8 Credit Agricole CIB 2775m 26 3.3%
9 Rabobank 2589m 27 3.1%
10 Deutsche Bank 2290m 16 2.7%

TXF Podcast

Song of the day

The Hollies
Bus Stop
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