The Greensill bankruptcy is raising a host of questions about transparency and the role of the trade and supply chain finance industry, regulators, asset managers and investors over the financial engineering employed by Greensill in the trade fund market. But the root issue is what is the purpose of trade finance and how can that purpose be delivered in a simple, transparent form?
TXF is joined by Melanie Lawrence of Afreximbank, Gabriel Buck of GKB Ventures and Chris Mitman of Investec to discuss the challenges faced in providing export finance to Africa.
The predictions continue to rain down, with discussions focused on: life beyond traditional ECA-backed bank debt, movement on the regulatory front for ECA-assets, the continued growth of Africa as a borrower market, a power struggle between China and the IMF and a sanctions environment that is here to stay.
In this episode, resident TXF podders discuss trade wars, a tightening of the credit cycle, the future of Saudi Arabia as a borrower market, and the implications of a potential $65 oil price.
TXF’s first podcast of 2019 focuses on sustainability in export finance, as the community looks for commercial opportunities as the market steers away from traditional Oil & Gas and Power sectors.
Does an uptick in arms trade imports and exports and a rise in rhetorical weaponised language around trade point to a riskier trade credit insurance environment in 2018-19? In the latest episode of TXF’s Risky Business podcast series, a panel of insurance underwriters and risk experts outline their key global risk trends.
Dr. Rebecca Harding of Coreolis Technologies outlines and analyses the economic and political risk factors behind TXF's latest Country Risk Ratings for Sub Saharan Africa in Q2 2018.
Kam Mahil, legal director at the Loan Market Association (LMA) and Ashley McDermott, senior associate at Clifford Chance, outline the methodology, and potential cost and efficiency benefits, of the LMA’s new form of facility agreement for use in export finance buyer credit transactions.
TXF's second export finance podcast of 2018 asks whether the industry is, or can be, a force for good? This is the final discussion before our 2018 live show at TXF Global in Prague on the 6 June, where we will also be joined by EKN’s Anna-Karin Jatko and Euler Hermes’ Thomas Baum.
The Commodity Finance industry raised an impressive €26,500 for UNHCR - the UN's Refugee Agency - during the industry dinner at TXF Amsterdam on May 17. In an interview with TXF, UNHCR spokesperson Laura Padoan tells us about the critical work of the agency in supporting refugees and displaced people across the world.
Although a serial promoter of ECA-covered loans to support Siemens manufacturing, Siemens Financial Services (SFS) is not blinkered in its financing approach. SFS is keeping an eye on alternative lenders as the market begins to get comfortable with early-stage project risk.
In the most recent offering from TXF’s podders, the team discuss the benefits and challenges small and medium-sized enterprises (SME) currently face in tapping the export finance market.
TXF joins the front line with Rebecca Harding co-author of ‘Trade Wars – how trade is being ‘weaponised’ to discuss the theory and narrative behind the book.
US Exim’s lack of a quorum and inability to approve transactions over $10 million has necessitated some key changes in strategy at GE Energy Financial Services (GE EFS). Bob Psaradellis, GE EFS managing director and global capital advisory leader, and Guto Davies, global ECA leader, talk financing, manufacturing and how to develop $50 billion of global ECA contractual capacity when their previous primary ECA has been handicapped out of the big-ticket market.
Around 15% of the global population are disabled. Of those, approximately 80% live in developing countries and 150 million are children. TXF caught up with Jane Anthony, executive director of AbleChildAfrica, with which we are very proud to have a partnership, to find out more about the charity's vital role in Africa.
In the most recent offering from TXF's podders, the team discuss the rise of direct lending, the types of banks that can benefit from the current ECA environment, and what smaller ticket project financings could mean for the industry.
Hesham Zakai, TXF’s head of content, picks his favourite trade & supply chain finance stories of 2016.
Doug Schoch, vice president of Captive Business at Siemens, talks to TXF's managing director Dan Sheriff about Siemens' supply chain finance programme and the direction of the SCF industry as a whole.
In the latest edition of the TXF Export Finance podcast, Simon Jones, Simon Sayer and Gabby Buck discuss the performance of the ECA finance industry in the first half of the year, analysing the latest data report from TXF. They then discuss the challenges that lie ahead in the second half, and even deliver a prediction or two.
Trade finance professionals have until Monday August 22nd to apply for the new Trade Finance Advisory Council (TFAC) established by the US Department of Commerce.
A list of some of the issues we have been grappling with since news of the "leave" vote in Britain last week.
TXF is delighted to announce our new foray into the world of aviation with the launch of Ishka!
As presented at TXF Rome last week, here are the 10 trends we are seeing in export finance in 2016. These were derived from three separate, bespoke research initiatives undertaken by TXF over the past 6 months.
Following on the distribution theme, this podcast examines the developing relationship between export finance, institutional investors and the capital markets.
Regulation was seen as the biggest challenge for the trade finance industry, whilst working capital optimisation the top priority for corporate treasurers during a poll at the TXF Trade, Fintech and Treasury conference in London on Tuesday.
For the fourth edition of our export finance podcast, we look at the issue of distribution - how are models changing, what are the key drivers, where are the regulatory pressure points and why has efficient distribution become more important than ever.
In this episode, our experts explore the relationship between private insurance and the export finance industry. How has the relationship between private insurance and banks changed, as product and regulatory initiatives have taken place? What considerations must take place when deciding on when and how to use private and ECA cover?
In the second TXF export finance podcast, our experts debate the new regulatory reality in export finance, what it means for the industry, and how the environment will continue to develop.
Daniel Riordan has been appointed as president, XL Catlin Global Political Risk and Trade Credit. This represents a significant move from the private insurance underwriter, which has been building up its activities in the sector.
Fred Hochberg is now officially the longest serving chairman in the history of US Exim Bank. 2016 was his seventh and final annual conference in the role, and TXF caught up with him briefly to ask about the conference, his legacy, and the ongoing issue of the board quorum.
TXF was on hand at the signing of a new cofinancing agreement last week, between US Ex-Im Bank and Turk Eximbank, aimed at making exporters more competitive, particularly in Sub-Saharan Africa
President and chairman of the Export-Import Bank of the US (Ex-Im) Fred Hochberg was visibly moved as he addressed US exporters today in the opening speech of the Annual Ex-Im bank conference held in Washington.
Join a room full of industry experts for free-flowing and in-depth debate, and the most talked about podcast on export finance.
US Exim could be one step closer to being able to fully supporting US exporters following Senator Shelby’s recent victory at the Alabama Primary.
Fred Hochberg, chairman and president of the Export-Import Bank of the United States (US Ex-Im) speaks to TXF about the reality of running a bank that has been held hostage by US partisan politics.
The export finance community in Asia was, as ever, bullish on growth forecasts for the year ahead. A poll of delegates taken at the TXF Asia Export and Agency Finance conference in Hong Kong showed over 60% expect to see growth in business over the next 12 months. Indeed, 16% expected to see growth in excess of 20%; and only 14% reported an expected decrease.
Pricing, cost of funding, capital markets, Basel III and the general future for the medium to long term (MLT) lending business continue to be high on the agenda for the export finance market.
The top rated sectors for growth in export finance over the next two years are power and infrastructure, according to a poll of close to 300 executives at the recent TXF ECA finance conference in Paris.
For the second year in a row Germany was voted as the country with the best export credit agency (ECA). This was during a poll completed by over 300 executives at the TXF ECA Finance conference in Paris.
Despite the current sanctions environment, an industry poll at the recent TXF ECA Finance conference in Paris, suggested 25% of the audience had completed an ECA-backed transaction into Russia in 2015, with 32% then expecting a deal before year end.
Macquarie Group have appointed Guido Musso as managing director for shipping and offshore, within its specialised investment solutions business. Musso is a respected specialist in export credit agency (ECA)-backed shipping and aircraft transactions.
The TXF ECA Finance conference in Paris last week seemed the perfect place to update the market on the findings of the 2015 Exporter Survey. Over the past few months, Clevis Research, an independent research company based in Germany, and TXF, have been working together to conduct extensive 30 minute interviews with over 50 capital equipment exporters from around the globe.
BPL Global, the insurance broker, has secured the services of Peter von Guretzky-Cornitz as a representative for the business in Germany.
Barclays Bank have appointed Christian Nehk as head of trade and working capital in Germany. Nehk joins the bank from Bank of America Merrill Lynch (BAML) where he worked as director within the global trade and supply chain finance business.
On the afternoon of 16th July in London, TXF will be hosting a complimentary event on CAPEX and Project Financing in Africa. The event will bring together corporates, banks and agencies with an interest in doing more business in Africa. The event will be followed by TXF summer drinks, where all are welcome.
In a recent industry survey, respondents also told TXF they expect US Ex-Im Bank to be re-authorised, but saw German exporters as having the best ECA support
S&W Breakfast Briefing: When is a sale of commodities not a true sale?
Although the emphasis was very much on SME business at the Export-Import Bank of the United States’s (US Ex-Im’s) annual conference in Washington DC last week, it was the big guns that came out firing.
Partner Geoff Wynne and associates Hannah Fearn and Sam Fowler-Holmes of Sullivan & Worcester present the law firm's breakfast seminar on warehouse financing.
Earlier this week, pen was put to paper on a historic agreement that will see a new free trade agreement between Earth and other planets across the Solar System. The landmark agreement, entitled “The Inter-Planetary Export and Extraction Declaration (I-PEED)” will enable the establishment of trade flows between all members of the Solar System for the first time.
Join us for all the glitz and glamour as we announce the winning Export Finance Industry Choice and Deals of The Year Awards, beaming our virtual awards ceremony to home offices across the globe!
A virtual event addressing the challenges of sustainable commodity finance head on. Bringing you an atmosphere that is inspiring and ideas led, that demonstrates the art of the possible.
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.
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
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
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!
After a year away, we are delighted to bring the TXF Global Commodity Finance physical event to Geneva! Join dealmakers from across the globe to network in-person for an unmissable opportunity
A dedicated forum in Singapore for the APAC commodity finance community. Join dealmakers from across Asia-Pacific as we tackle key industry issues and analyse the latest deals in the market.
TXF presents the very latest updates on Spanish Export Finance. This virtual annual event will cover all current and future deals and explore new opportunities for the market.
TXF France is the industry leading event to make connections and discover new sectors, regions and ideas for ECAs, banks, exporters and service providers.
The next episode of this intimate and focused event returns virtually to get you up to date on the latest trends in Italian Export Finance. Expect first-class networking and debate
The trusted meeting place for anyone involved in the financing of German exports.
TXF presents this intimate and focused event returning virtually to get you up to date on the latest trends in British Export Finance. Expect first-class networking and debate!