TXF Americas 2020
The fun in the sun returns! Bringing all key players together for two days of networking, we explore case studies of the latest deals and examine the next hot opportunities across the region.
Vinco David of Atradius explains why certain 'push and pull' factors are increasing demand for export credit
Berne Union president Daniel Riordan talks about the growing relationships and collaboration between Berne Union members and the wider export and agency finance industry
The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, has just released strong results for its financial year ending 30 June, 2014 reporting $3.2 billion in new business. New business saw an uptick of 13% over the previous year.
While some loans to Russian corporates are being hit by the continuing conflict and political trouble in eastern Ukraine, and the now accentuated associated fallout with Russia, some deals are still managing to get done.
New York and Monaco-headquartered Scorpio Bulkers has received a commitment for a $540 million loan from two leading European financial institutions.
Six more global banks have signed up to jointly develop SWIFT’s Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about banks required for due diligence processes.
Nordea has gone live in Frankfurt and London with the stand-alone version of allNETT, Surecomp's web-based trade finance front-end solution.
In a landmark development, the leaders of the BRICS countries - Brazil, Russia, India, China and South Africa – have signed a treaty to set up a BRICS development bank, to be known as the New Development Bank. The agreement was signed at the 6th BRICS summit held in Fortaleza, Brazil.
Rebecca Harding of Delta Economics on why Russia’s attempt to decouple from the dollar is a defensive strategy
Experienced structured finance specialist to bolster Finacity's receivables finance business throughout Latin America
TXF talks to Simon Sayer, Head of Structured Trade and Export Finance, EMEA, Deutsche Bank, at our ECA Finance in 2014 conference in Paris.
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
Standard Chartered (StanChart) has appointed Michael Vrontamitis as head of trade, product management. He is based in Hong Kong and reports to George Nast, global head, product management, transaction banking.
The establishment and launch of the eurozone’s first offshore clearing hub for renminbi (RMB) trade settlement is anticipated to be a major boost to European corporates, particularly mid-sized companies, trading with China.
A guest blog on trade, sanctions, and how to work with compliance
British export growth is still considered to be slow. But with government initiatives, the rise of alternative financiers and active efforts to support companies, this could change. Will Nagle, CEO of leading alternative global financier Falcon Group, explores the environment for British exporting, and how companies can reach their export targets
Singaporean shipping company Pacific International Lines has utilised Bolero’s cloud platform technology for an electronic bill of lading (eBL) as part of a BHP Billiton shipment from Australia to China.
VTB Factoring and Gazprom Energoholding have completed a factoring transaction worth RUB13 billion ($366.2 million). The arrangement is believed to be the largest factoring transaction within the Russian market and one of the largest factoring transactions globally.
The Multilateral Investment Guarantee Agency (MIGA) the political risk insurance and credit enhancement arm of the World Bank Group has agreed to support three power sector projects in Cameroon.
Global trade grew by 3.1% in 2013, in line with world GDP, although improvements across the globe were uneven and bore signs of deceleration, according to the latest data in the ICC’s Global Trade and Finance Survey 2014.
As of July, insurance company Markel Corporation will begin underwriting trade credit insurance in its New York office. Policies will be underwritten on an admitted basis, utilising two Markel insurance companies, Markel American Insurance Company and Markel Insurance Company.
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.
Finacity has acted as advisor to CreditCircle, a peer-to-peer loans specialist, in a loan origination programme recently closed between CreditCircle and a regional bank in Utah.
Global risk adviser, insurance and reinsurance broker Willis Group Holdings has appointed veteran trade finance banker Bill Froggatt to lead a political and trade credit risks practice in Melbourne, Australia
International Factors Group (IFG) has released its annual global industry activity report (GIAR).
Raiffeisen Factoring is to receive a €20 million ($27.2 million) loan from the European Bank for Reconstruction and Development (EBRD), which the company will use to provide financing in the form of factoring to small and medium-sized enterprises (SMEs) and corporate clients in Croatia, including in the less-developed regions of the country.
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.
UK Export Finance (UKEF) has added the offshore renminbi (RMB) to its list of supported currencies as it looks to structure its first renminbi supported deal.
TXF talks to Dmitry Minaev, Managing Director, International and Trade Finance, Alfa-Bank
ECA 2014 - Interview with: Michala Marcussen, Chief Economist, Societe Generale
ECA 2014 - Interview with: Paul Richards, Global Head of Structured Export Finance, ANZ
Lorenz Jorgensen, Head of Syndications, EBRD: Global Loans: The Credit Line Jam?
ECA 2014 - Interview with: Kah Chye Tan, Chair, ICC Banking Commission
ECA 2014 - Interview with: Victor Eromosele, CEO, ME Consulting
The African Export-Import Bank (Afreximbank) is pushing the need for more factoring across Africa, stressing that the lack of factoring services is hindering small-to medium-size enterprise (SME) participation in Africa’s value chain.
A new study for ING Commercial Banking by ING’s Economics Department provides conclusive evidence that the relationship between Western Europe and Central and Eastern Europe and Russia since 1995 has led to important economic benefits across the continent.
ECA 2014 - Interview with: Jim Cruse, Senior Vice President (Policy and Planning), Export-Import Bank of the United States
ECA 2014 - Interview with: Vasantha Srinivas, Deputy General Manager, ECGC and Irene Dsouza, Senior Manager, ECGC.