It’s easy to be gloomy, but a new year is a good point to look to the bright side. Here are some thoughts about why staying in bed for the whole of 2021 will not be the best option for trade, treasury and risk.
In a discussion supported by Finverity, TXF looks at new ways for companies to effectively use digitisation in emerging markets to propel access to financing for sustainable international trade through supply chain finance (SCF).
In a discussion supported by Finverity, TXF looks at new ways for companies to effectively use digitisation in emerging markets to propel access to financing for sustainable international trade through supply chain finance (SCF).
This year’s edition of TXF’s Global Commodity Trade Finance Industry Report has landed, offering a thorough and independent look into the impact of the past 12 months on a sector which has endured a period of unparalleled volatility.
Trade finance has many challenges to overcome and the sector knows where it needs to target with this overhaul. Tackling these areas to improve the trade climate will not only bring huge opportunities in trade but also help boost global GDP considerably.
TXF World Fair delegates have embraced private virtual meetings with 6,700+ private meetings arranged so far! Around the virtual conference business is being done across the breadth of the TXF platform. Elsewhere, in the last few days Berne Union members have voted in Michal Ron as the new president, and the largest solar farm in sub-Saharan Africa to date gets Swedish ECA backing.
With the complicated transition away from LIBOR looming at the end of 2021, Olam has secured Singapore’s first club deal pegged to the country’s new Singapore Overnight Rate Average (SORA) benchmark. But not every corporate borrower is as prepared as the Singaporean food and agri-business for the change away from LIBOR, a daily benchmark which has determined interest rates for $250 trillion of debt and derivatives for over 40 years.
TXF talks to CGI’s Rory Kaplan, senior offering manager for trade and supply chain solutions, Patrick DeVilbiss, director of consulting, trade and supply chain solutions and Colin Zeglen, product manager for trade and supply chain solutions for a reality check on digitisation in challenging times.
ECAs and export finance activity have been paramount to global trade and project success so far throughout the pandemic. Discussion on the key themes, topics, trends and essential detail are lined up for the TXF Export Finance Virtual World Fair later in October.
The focus on the financing of oil & gas projects in light of reducing GHG emissions under the 2016 Paris Agreement has rightly intensified. But there needs to be a realistic discussion on the whole process, as cutting ECA funding will seriously damage many emerging markets. TXF also looks at the recent detailed article on this subject penned by Henri d’Ambrieres of HDA Conseil.
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.
Jacob Katsman, co-founder and director of GlobalTrade Corporation, outlines the reasons why the Covid-19 crisis will speed up the digitisation of trade.
Jacob Katsman, director at GlobalTrade Corporation, outlines the reasons why the Covid-19 crisis will speed up the digitisation of trade.
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.
TXF’s co-founder Dominik Kloiber is joined by Ashley Mcdermott, a partner at Mayer Brown, and Aida Topcagic, VP for global export finance at JP Morgan to outline the complicated issues surrounding the Libor transition set for 2021, and to raise awareness around future Libor replacements.
Jeff Fallon, head of client coverage at British Arab Commercial Bank (BACB), explains why keeping Europe-Africa trade relations on course could reap considerable reward for both regions as they emerge from the Covid-19 crisis.
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.
From entry-level hiring and management promotion to ECA and DFI mandates, TXF’s Stages for Change series examines the role the trade and export finance industries must play in challenging racism, sexism, and social injustice.
The $1.5 trillion trade finance gap is a heavy burden for SMEs in emerging markets, one which financial institutions have long sought to ease. In partnership with Comarch, TXF hosted a webinar to consider the extent to which technology can bridge this gap.
As the dust settles after last week’s TXF Global 2020 Export Finance: Virtual event, the findings from the bespoke survey put to e-delegates will continue to surprise and inform the ECA community as much as the conference itself.
The coronavirus pandemic has reminded the trade community how paramount the maritime industry is to keeping global supply chains flowing. But will digitisation help lower the significant associated costs with the manual paper-based sector?
Last week TXF welcomed 700 export and project finance practitioners to our first fully virtual event – TXF Africa 2020, as Covid-19 changes how the trade community engages beyond recognition. But TXF is determined to keep business flowing – and contribute to digitisation in trade.
China’s president, Xi Jinping, pledged $60 billion in 2018 for African development over the next three years. But will the Covid-19 pandemic and global economic downturn light an early fuse on the time bomb of ‘addictive’ Chinese-style financings in Africa, especially for commodity-linked project debt as commodity prices tumble? Or are critics just out for China again.
TXF is sounding out bankers and borrowers, importers and exporters, for its Export Finance survey 2020, to garner market sentiment on the real impact of the Covid-19 crisis on ECA finance.
Financial services staff and systems are already facing intense pressure amid the Covid-19 pandemic, but no-one knows what the economic effects of locking-down economies for an extended period will be. So what are trade finance banks and businesses throughout global supply chains doing to prepare, train and educate within the market?
TXF’s ‘in viro veritas’ series looks at the effects of the Coronavirus Covid-19 pandemic on trade and export finance. The first in the series was an early stage call to action, the second showed ECAs picking up their activities and this, the third, looks at more a coordinated response from institutions.
TXF spoke with Valentino Gallo, founding partner at Javalyn Partners, an independent structured asset management firm that specialises in infrastructure and trade finance, to discuss the real impact of the coronavirus pandemic on the trade and export finance market.
Overall volumes of global commodity finance fell by 16% in 2019 compared to 2018, according to the full-year TXF 2019 Commodity Finance Report, while structured commodity finance plummeted to nearly half the volume of the previous year. Max Thompson reviews the drivers behind these low figures, as well as the most active regions and sectors across the commodity finance space.
On 8 March, men and women across the world celebrated International Women’s Day. This week, TXF’s Eavie Burnett takes a closer look at the vital role women and other minority groups play in the sphere of global trade.
James Burgess, head of commercial for London and UK South East region at Atradius takes a look at the latest developments in the tit-for-tat US-China trade war, and asks whether 2020 will mark the end of trade war fears?
The new coronavirus, Covid-19, is shining a light on just how connected global trade is to the world’s second largest economy. TXF takes a look at how China will officially support its trade and we ask whether global ECAs need to be taking note. ‘Think Global, Act Local’ may be apt for world trade and the response to the disease.
The commodity trade finance funding mix is evolving. Growing regulation, the rise of alternative funds and all things ESG have contributed to the decline in deal volume in 2019. But are traders being transparent enough about their deals? And will bank-fund hybrid loans form a happy marriage?
TXF PRI: Trade, Commodity & Export Finance is taking place this February. Delve into the local market and make high-level contacts that might just lead to your next deal...
This virtual event will address those challenges head-on. We want to create an atmosphere that is inspiring and ideas led, that demonstrates the art of the possible for the export finance community.
Uniting the key players and deal makers across the Americas. This is your chance to stay connected and ahead of the curve!
Join us while we are looking into the commodity finance sector for the Asia Pacific region. Connect with key players and hear about current and future deals.
The destination for African export & project finance. Come together with deal makers across the region for virtual networking opportunities second to none .
TXF is introducing the 'Financing the Energy Transition' event, focusing on the latest updates and future plan of the energy transition.
We're proud to be bringing back TXF Global Commodity Finance, a must-attend event for the commodity finance community.
TXF invites you to join a dynamic group of export finance professionals to plot your ideas on where we're heading and how to get there
Fasten your seatbelt for the second leg of the ultimate export finance world tour, with stop-offs at Asia, Mena, Europe, Africa, and the Americas
This year's global trade virtual event will look into the impact of covid-19 to the market and explore new opportunities
Calling all changemakers in export finance! Join us to plot your ideas about diversity, sustainability and inclusion in the industry. If you are here to make a difference you are in the right place!
Your largest export, agency & project finance event returns to Madrid for 2021 after a 2020 virtual extravaganza! Industry renowned as the go-to for global export finance. Let the deal-making begin!
We are delighted to bring back this senior-level virtual event dedicated to the MENA region! Examine the regions' key trends and future opportunities whilst networking in a safe space.
A key event in the export, agency & project finance event calendar for senior and influential professionals working across the Asia-Pacific region. Networking and deal opportunities abound!