Search results

Show:
Results found: 254
JB's weekly round up - 17 February 2015
JB's weekly round up - 17 February 2015
Jonathan Bell
17 February 2015

TXF is gearing up for our Natural Resources & Commodities Finance event, which will be held in the beautiful city of Amsterdam on May 20-21.

US exports at record high
US exports at record high
Hesham Zakai
6 February 2015

The United States exported a record $2.35 trillion of goods and services in 2014, according to data released by the US Department of Commerce.

JB's weekly round up - 14 January 2015 - part 2
JB's weekly round up - 14 January 2015 - part 2
Jonathan Bell
14 January 2015

US telecoms company Sprint Corporation stormed in at year-end with the signing of three new financing facilities amounting to a total of $1.8 billion.

Hans Janus leaves Euler Hermes after three decades
Hans Janus leaves Euler Hermes after three decades
Hesham Zakai
19 December 2014

Dr Hans Janus, a member of the board of management of Euler Hermes, has announced that he will be leaving the German export credit agency at the end of the year.

JB's weekly round up - 04 November 2014
JB's weekly round up - 04 November 2014
Jonathan Bell
4 November 2014

We provide a wealth of information for free on our deals directory, tagmydeals. What we would like you to do is to take ownership of the deals where your institution or company has taken part.

BU+20 Foreword
BU+20 Foreword
Daniel Riordan
31 October 2014

For many years, 80 to be exact, the Berne Union has prevailed as an expert resource for the credit and investment insurance community.

BU+20 - a perspective from the Berne Union Secretariat
BU+20 - a perspective from the Berne Union Secretariat
Kai Preugschat
31 October 2014

In celebrating its 80th year, the Berne Union must reflect on what it has already built and how to sustain its success over the next 20 years. The Berne Union has been a unique global business organisation connecting public and private insurers alike throughout.

Trade finance – finally a light at the end of the crisis tunnel
Trade finance – finally a light at the end of the crisis tunnel
Jose Luis Serra Diaz
31 October 2014

Historically, the global trade finance market has been considered liquid and wellfunctioning. Nevertheless, after the beginning of the financial crisis in 2008, important structural changes occurred. This included the entry of new market participants and efforts to develop new modalities that minimise bank capital and balance sheet usage.

The ICC Trade Register: an empirically authoritative model for trade risk
The ICC Trade Register: an empirically authoritative model for trade risk
Kah Chye Tan
31 October 2014

The Paris-based International Chamber of Commerce (ICC) was first established in 1919 by a group of industrialists, financiers and traders in the context of post-World War I devastation, with the aim of representing business, and bringing prosperity through a global organisation.

ECAs and local currency financing – what we have learnt so far
ECAs and local currency financing – what we have learnt so far
Michal Ron
31 October 2014

One major lesson learned from the financial crises in emerging markets since the 1980s is that large currency mismatches, both at a public and private sector level, strongly increase the vulnerability of a country to adverse shocks. The financing of local-currency activities by foreign currency denominated liabilities is therefore an inherent weakness

The difference in underwriting approaches between public and private PRI insurers – The Hiscox view
The difference in underwriting approaches between public and private PRI insurers – The Hiscox view
Victoria Padfield
31 October 2014

Firstly, who are we? We are the first and only Lloyd’s-based insurer to sit on the Berne Union – a status we are very proud of. We have learned a great deal from our export credit agency (ECA) and private market brethren but we hope we can also share a different perspective on political and credit risk insurance.

ECAs’ risk management – looking ahead over the next 20 years
ECAs’ risk management – looking ahead over the next 20 years
Zoltán Légrádi
31 October 2014

Before the financial crisis of 2008-2009, internal consumption and increasing private and public indebtedness – key factors behind economic growth in developed countries – became gradually non-financeable.

UniCredit teams with BTMU for first BPO
UniCredit teams with BTMU for first BPO
Hesham Zakai
24 October 2014

Germany’s UniCredit and Japan’s Bank of Tokyo-Mitsubishi (BTMU) have combined to process the first Bank Payment Obligation (BPO) transaction between Germany and Japan. The deal follows hard on the heels of Commerzbank’s first BPO transaction announced earlier this week, augmenting the BPO’s presence in Europe.

Global head interview – John Ahearn, Citi
Global head interview – John Ahearn, Citi
Jonathan Bell
10 October 2014

TXF talks to Citi about the current state of the trade and supply chain finance market.

Looking at the post-SEPA migration landscape
Looking at the post-SEPA migration landscape
Jonathan Bell
10 October 2014

Jonathan Bell talks with Martin Runow, head of cash management for corporates, Americas, Deutsche Bank, about the post-SEPA migration landscape.

Entering a new era in commerce and finance
Entering a new era in commerce and finance
André Casterman
10 October 2014

André Casterman, global head, corporate and supply chain markets, SWIFT, examines how rapidly digitisation is influencing the trade space.

Quiet revolution: bringing trading counterparties closer
Quiet revolution: bringing trading counterparties closer
Ian Kerr
10 October 2014

Ina Kerr, CEO Bolero International, looks at the growing business case for ePresentation.

Making trade flow in 2020: the role of payment and finance solutions
Making trade flow in 2020: the role of payment and finance solutions
Dominic Broom
10 October 2014

Dominic Broom – head of sales and relationship management, Treasury Services, EMEA, BNY Mellon – explores developments in technology, global trade flows, choices of currency, and regulation and examines how they may help oil the wheels of global trade.

BPOs: digital efficiency without the risk
BPOs: digital efficiency without the risk
Oliver Spitz
22 July 2014

The best of both worlds or a short-lived trend? Bank Payment Obligations offer a compromise between the sluggishness of letters of credit and the risks of open account payments, says Oliver Spitz, senior trade finance manager at UniCredit

Fewer accounts, greater benefits
Fewer accounts, greater benefits
Karin Woernle
22 July 2014

The Single Euro Payments Area (SEPA) can ease the transaction processes of increasingly global trade flows, but to realise its full potential further innovation is necessary says Karin Wörnle, associate director, UniCredit

Mobile finance shifting to rural areas
Mobile finance shifting to rural areas
Max Carter
17 July 2014

Mobile finance has undergone strong growth in recent years, with more than 220 operational platforms worldwide. While the majority of these have so far been confined to urban areas, providers are fast realising the need to break into rural regions to expand market share and achieve nationwide presence.

ICC’s Global Survey: reading between the (credit) lines
ICC’s Global Survey: reading between the (credit) lines
Jonathan Bell
10 July 2014

TXF talks to Vincent O’Brien, chair of the International Chamber of Commerce (ICC) Banking Commission’s Market Intelligence Group on the ICC’s Global Survey 2014: Rethinking Trade and Finance

Protection for a price – crop insurance takes root
Protection for a price – crop insurance takes root
Helen Castell
9 July 2014

Despite having nearly 20% of the world’s cultivated land, Africa’s share of the global agricultural market measured by insurance premiums paid is smaller than 1%, according to Jean-Christophe Debar, director of the Foundation for World Agriculture and Rurality (FARM). Latin America is better “but still under-developed”.

ICC delivers positive message for global trade finance
ICC delivers positive message for global trade finance
Jonathan Bell
26 June 2014

TXF talks to Kah Chye Tan, chairman of the ICC Banking Commission, on the results and meaning of the industry group’s latest trade finance default survey.

ICC Trade Register Report 2014 provides robust data to benefit global trade
ICC Trade Register Report 2014 provides robust data to benefit global trade
Jonathan Bell
19 June 2014

Today, the International Chamber of Commerce (ICC) released its Trade Register Report 2014. The empirical evidence from the report points to the fact that trade and export finance is a low risk bank financing technique – further supporting ICC’s advocacy of trade finance as a strong contribution to economic recovery and growth.

BNPP alleged sanctions violation means another public battering for trade finance
BNPP alleged sanctions violation means another public battering for trade finance
Dan Sheriff
2 June 2014

Trade finance took another battering in the mainstream press earlier this week. With the fallout of the Citi/Oceanografia fraud still rumbling on daily, attention has now turned to the trade finance department of French bank BNP Paribas (BNPP).

Market adoption of the BPO: what is really holding it back?
Market adoption of the BPO: what is really holding it back?
Frank-Oliver Wolf
30 May 2014

One year on from the introduction of the ICC Uniform Rules on Bank Payment Obligation (URBPO), market adoption of the trade finance instrument has been fairly slow. According to the latest statistics from financial messaging provider, SWIFT, 25 corporates are reported to be using the BPO and 56 banks are in the process of adopting it.

Berne Union 80 foreword by Jonathan Bell
Berne Union 80 foreword by Jonathan Bell
Jonathan Bell
1 May 2014

This is a particularly big year for the Berne Union, which has now been supporting exporters, borrowers, investors and the overall export financing sector for the past 80 years. It is also a celebratory year, as few organisations have such an excellent and consistent track-record of performance in global trade. In the case of the Berne Union

Interview with Berne Union president Dan Riordan
Interview with Berne Union president Dan Riordan
Daniel Riordan
1 May 2014

Jonathan Bell, editor-in-chief at TXF, talks with Dan Riordan, president of the Berne Union, about taking the organisation forward in its 80th year.

Short-term export credit capacity
Short-term export credit capacity
Ralph Lai
1 May 2014

Capacity in short-term credit insurance has been steadily returning since the 2008 global financial crisis (GFC) and premiums have recovered. According to Berne Union’s data, commitment of its short-term members has come back to the pre-GFC level

Collaboration between ECAs and development banks
Collaboration between ECAs and development banks
Arun Kumar Sharma
1 May 2014

Export credit agencies (ECAs) and development finance institutions (DFIs) have very different purposes, mandates and in the case of multilateral institutions, ownership structures. However, there are many important areas of overlap where the pursuit of different mandates and different policy

The benefits of providing export credit insurance for banks
The benefits of providing export credit insurance for banks
Geetha Muralidhar
1 May 2014

The role of international trade and its impact on the global economy has been revisited anew since the global economic crisis. This article examines the impact of international trade in recent years and the specific role that export credit agencies (ECAs) have played.

Berne Union members on the way to cover 2 trillion of export credit and investment
Berne Union members on the way to cover 2 trillion of export credit and investment
Fabrice Morel
1 May 2014

While international trade seems to have increased towards the end of 2013, the growth for the whole year has remained sluggish. Against this backdrop, the volume of exports and investments covered by members of the Berne Union increased by approximately 4%

80th anniversary timeline and photographs
80th anniversary timeline and photographs
Berne Union
1 May 2014

1934: Berne Union founded by private credit insurers from France, Italy, Spain and the United Kingdom. UK Export Finance,ECGD at the time, is the only founding member that is still in existence under its original form.

ECAs and DFIs
ECAs and DFIs
Arun Kumar Sharma
1 April 2014

Export Credit Agencies and development finance institutions have very different purposes, mandates and in the case of multilateral institutions, ownership structures. However there are many important areas of overlap where the pursuit of different mandates and different policy objectives

SWIFT and essDOCS combine with electronic bills of lading for BPO
SWIFT and essDOCS combine with electronic bills of lading for BPO
Jonathan Bell
26 March 2014

In an important development in the further provision of electronic trade, essDOCS, the leading shipping and trade eDocs provider, has announced two major projects extending its electronic document solution offerings and enhancing the capabilities of SWIFT bank and corporate users.

JB's weekly round-up - 24 February 2014
JB's weekly round-up - 24 February 2014
Jonathan Bell
26 February 2014

It is your last chance to register your input for the ICC Export Finance Global Survey, conducted by TXF. It is the first time this survey has been attempted by the ICC but with broad participation we will be able to paint an accurate, representative industry picture which we hope will be of use to everyone in the industry.

JB's weekly round-up - 18 February 2014
JB's weekly round-up - 18 February 2014
Jonathan Bell
18 February 2014

The ICC, in conjunction with TXF, is currently conducting its first ever survey on export finance. The findings will form part of the prestigious ICC Global Trends Survey on Trade Finance, produced later this year.

Paving the way for trade finance securitisation
Paving the way for trade finance securitisation
Hans Krohn
28 January 2014

Hans Krohn, head of trade products at Commerzbank, heralds the bank’s success of its CoTrax Finance II-1 trade finance securitisation. But why has it taken so long for this emerging asset class to get off the ground and what will it take for the trade finance securitisation market to succeed in the long-term?

Basel Committee issue amendments to leverage ratio framework
Basel Committee issue amendments to leverage ratio framework
Hesham Zakai
20 January 2014

The Basel Committee has issued changes to the Basel III regulatory framework’s leverage ratio structure and disclosure requirements, following a consultation process on the proposed changes dating back to June 2013.

Henri d'Ambrieres takes up advisory role at ICC
Henri d'Ambrieres takes up advisory role at ICC
Hesham Zakai
17 January 2014

Henri d'Ambrieres, the former global head of export finance at Crédit Agricole, has joined the International Chamber of Commerce (ICC) as a technical expert advising on its trade finance loss register.

JB's weekly round-up - 9 December 2013
JB's weekly round-up - 9 December 2013
Jonathan Bell
9 December 2013

tagmydeals is a free of charge, user-generated database covering deals in trade, export and project finance. Following months of consultation with many of you (something we really appreciate), we have built something that the industry will hopefully find new and genuinely useful.

A threat to the future of export finance?
A threat to the future of export finance?
Thierry Senechal
8 November 2013

The ICC Trade Register has assisted the industry and policy-makers in developing a pool of data to evaluate the long-held claim that trade and export finance is a relatively low-risk form of financing.

The revival of ECAs
The revival of ECAs
Alexander R Malaket
8 November 2013

Alexander Malaket reviews the role of the export credit agencies and examines how they are continuing to evolve, while also posing some thought-provoking questions.

Export finance head interview – ING Bank
Export finance head interview – ING Bank
Jonathan Bell
8 November 2013

TXF talks to ING about some of the major trends impacting the export credit sector at the present time.

ECA documentation
ECA documentation
Valerie Colville
8 November 2013

Valerie Colville and Francisco Anzola asses documentation necessities

The widening base in sub-Saharan Africa
The widening base in sub-Saharan Africa
Jonathan Bell
8 November 2013

Jonathan Bell examines some of the recent ECA- backed activity in sub-Saharan Africa, and finds an increasingly broad spectrum of transactions.

BHP and Cargill complete first iron ore trade using CargoDocs
BHP and Cargill complete first iron ore trade using CargoDocs
Jonathan Bell
30 October 2013

BHP Billiton (BHP), Royal Bank of Scotland (RBS), Westpac Banking Corporation, Cargill and Minerva Marine have completed the first trade financed iron ore trade using ESS’s CargoDocs electronic bill of lading and eUCP Presentation solutions. CargoDocs was used on a shipment from Australia to China.

StanChart completes transaction under URBPO
StanChart completes transaction under URBPO
Jonathan Bell
29 October 2013

Standard Chartered (StanChart) announced today that it has completed a trade finance transaction with the Bank Payment Obligation (BPO) under the Uniform Rules for BPO (URBPO) for PTT Polymer Marketing (PTTPM), a leading polymer sales and marketing company in Thailand.

Global head interview – UniCredit
Global head interview – UniCredit
Jonathan Bell
11 September 2013

TXF talks to UniCredit about the current state of the trade and supply chain finance market.