TXF in depth

Beyond the wild west in factoring
Beyond the wild west in factoring
Katharine Morton
31 May 2018

Peter Mulroy, Secretary General of FCI spoke to Katharine Morton at the ICC banking commission annual meeting in Miami about how trust is helping factoring move beyond the ‘wild west syndrome’ and how transparency is vital for building trust in the future of reverse factoring

Debt sustainability: The African elephant in the room
Debt sustainability: The African elephant in the room
Dr. Robert Besseling
30 May 2018

As foreign currency debt issuance reaches a new record so far this year, there are growing concerns over debt servicing sustainability across Africa. Several African economies are at serious risk of debt distress and there are increased foreign-exchange and refinancing risks – partly driven by use of non-concessional financing and foreign-currency borrowings.

Reversing the brain drain in export finance
Reversing the brain drain in export finance
Max Thompson
29 May 2018

The export finance industry has an ageing demographic. Much of the knowledge and talent in the industry comes from practitioners with over 30 years’ experience. However, with retirement just around the corner for many, it has never been more important to educate and attract young people to the community. But where will the talent come from, and who will teach the new generation?

TXF in brief

Access Bank raises $158m trade finance facility
19 June 2018

Access Bank has raised a $158 million one-year syndicated trade finance loan. The facility, which has an optional one-year roll over te...

Credable expands SME invoice coverage
13 June 2018

Credable – a Swedish insure-tech start-up that is part of the Euler Hermes group – is expanding its SME invoice insurance cover to 24 Euro...

Sturrock moves to Marsh Singapore
11 June 2018

Abbey Sturrock is set to make an internal move to Marsh Singapore from Marsh London. Sturrock joined insurance broker Marsh as senior v...

TXF Global 2018: Editor's choice
30 May 2018

With TXF Global 2018: Export & Agency Finance just around the corner, we cast our eyes at the agenda for some of our favourite sessions taking pla...

ICC Global Survey: Compliance and regulation stifling future trade finance
24 May 2018

Compliance and regulation are the biggest drags to the provision of trade finance in the future. That’s according to 93% of respondents to the I...

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%

TXF Podcast

Song of the day

Joy Divison
Love Will Tear Us Apart
Listen on TXFunky