News
23 September 2020

BNP Paribas Swiss business joins commodity trade finance exodus

Region:
Europe

The Swiss arm of France’s BNP Paribas said it is closing its commodity trade finance business, becoming the latest bank to withdraw after the coronavirus crisis led to defaults and exposed a series of frauds.Industry sources have said the BNP division has struggled to be profitable since...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
20 January 2026

Dealmakers: Nabil Jijakli, Credendo

TXF spoke with Nabil Jijakli, group deputy CEO at Credendo, to outline the activity of the Belgian ECA, from the rollout of its latest product offering for small-ticket deals...

Perspective
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...