TXF Markets Tracker

Let’s Get Digital

Hesham Zakai

23 September 2020

The technology we use to facilitate the flow and execution of financial transactions can move quicker than we think. This brief peek into the past offers some ideas for harnessing today’s technology to generate tomorrow’s deals.

TXF TV: Advocating for the commodities industry

Aife Howse

23 September 2020

Live Webinar | 23.09.2020 | 14:00 UK | Join us for a one-on-one interview with the STSA's Secretary General, Florence Schurch.

TXF TV: Advocating for the Commodities Industry

Aife Howse

22 September 2020

Live Webinar | 23.09.2020 | 14:00 UK | Join us for a one-on-one interview with the STSA's Secretary General, Florence Schurch.

How much of the $1.5trn trade finance gap can tech bridge?

Max Thompson

29 June 2020

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.

Live Webinar: Filling the $1.5tn trade finance gap: How much can technology bridge?

Katharine Morton

8 May 2020

Wednesday 20 May | 11am BST | 12pm CEST How much is digitisation going to help narrow the gap between what trade finance is needed and what is under offer?

TXF MENA: Top 10 takeaways

Hesham Zakai

23 October 2019

ECA excellence and large-scale multisourced project finance were the talk of the town at TXF MENA 2019 this month. TXF’s MD Hesham Zakai outlines the most dominant opportunities and headwinds facing the region.

Top takeaways from TXF Global 2018

Hesham Zakai

13 June 2018

From modernising the OECD consensus, creating an international exporters' forum to linking deal margin grids to borrowers sustainable development goals, there were a number of exciting takeaways from two days of forward thinking debate at TXF Global in Prague last week.

Get the full report: Trade finance – faster food for fund appetites

Hesham Zakai

27 March 2018

Trade finance as an asset class is set for growth in the near term, according to 78% of respondents in a survey of investment professionals carried out by TXF in association with EFA Group. Download our most comprehensive measure of investor appetite to date.

TFF 2.0: What do the banks make of it?

Hesham Zakai

28 November 2017

In June, the EIB launched its upgraded Trade Finance Facility 2.0 – to enable Greek banks to ramp up support for SMEs and Midcaps. TXF caught up with international and domestic Greek lenders to find out their responses to the revamped product.

Rising through the classes

Hesham Zakai

5 September 2017

For sale: Investible asset. Self-liquidating with low default and loss rate. Contributor to real economy businesses. Short term maturities available. It’s a compelling sales pitch that, for the first time, is beginning to push trade finance from niche to mainstream asset class for funds and investors.

TXF-A&O Release Commodity Finance Market Report

Hesham Zakai

23 May 2017

The inaugural report details findings of a broad market survey designed to capture the latest trends and themes in the commodity finance market.

Unveiling the companies represented at TXF Venice 2017

Hesham Zakai

23 May 2017

Hundreds of market leading organisations have confirmed their attendance at the most spectacular event of the year for project, infrastructure, export and agency finance.

TXF Webinar: Can partnerships power supply chain finance?

Hesham Zakai

22 May 2017

A new partnership between global electronic invoice financier Tungsten Network Finance and supply chain finance (SCF) expert Orbian promises to benefit clients on both sides of the equation. In this webinar, TXF aims to find out more about the partnership.

Revealed: Final list of companies attending TXF Amsterdam

Hesham Zakai

4 May 2017

The TXF clock is tickin' - which companies have already confirmed their attendance at the hottest trade and commodity finance show of the year?

Today: Exclusive supply chain finance webinar

Hesham Zakai

27 April 2017

TXF is hosting a free supply chain finance webinar today. The webinar looks at Tungsten’s partnership with Orbian that will allow the e-invoicing company to offer early payment funding solutions to large corporates on its electronic platform. Click here to register: http://view6.workcast.net/register?cpak=2756764262786720

Year in review: Trade & supply chain finance

Hesham Zakai

22 December 2016

Hesham Zakai, TXF’s head of content, picks his favourite trade & supply chain finance stories of 2016.

Year in review: Export & agency finance

Oliver Gordon

20 December 2016

Ollie Gordon, TXF's news & features editor, picks his favourite export & agency finance stories of 2016.

Top takeaways from TXF Middle East

Hesham Zakai

13 December 2016

Last month TXF was delighted to welcome a host of international trade, export and project finance experts to its inaugural Middle East conference. The forum discussed and debated the trade and investment landscape across the region, from changes in debt levels and new forms of financing to geopolitical challenges and exciting frontier markets. Here are some of the key "takeaway" points from the event.

Sibos descends on Geneva

Jonathan Bell

4 October 2016

Those of you unfamiliar with the annual jamboree which is the wonderful SIbos – the world’s largest financial conference/exhibition – will possibly be oblivious to the scale and intensity of the event, and its impact and influence in the short-term trade, FI and fintech community.

The view from Australia: TXF talks to Westpac’s Gerry Gannon

Hesham Zakai

31 August 2016

Gerry Gannon is the global head of trade finance at Westpac, the bank that he has been with for over three decades. TXF’s associate director, Hesham Zakai, spoke with Gerry to get his views on today’s market, from the levels of liquidity to promising new trade routes.

Strength in numbers: collaborating for success in the increasingly digital world of trade

Hesham Zakai

10 August 2016

In the heart of London – a city at the forefront of global fintech innovation – TXF’s Hesham Zakai sat down with a group of experts at a BNY Mellon-hosted roundtable to discuss how the landscape is unfolding, the impact of fintech on the more “traditionally renowned” trade sector, and how banks are responding to the surge of new technology meisters entering the finance space.

Trade impacts: Tracking the relationship between international monetary policy and global foreign policy

Hesham Zakai

9 August 2016

The 29th annual World Traders’ Tacitus Lecture was delivered this year by the former Deputy Governor of the Bank of England, Sir Paul Tucker, on ‘a new international monetary system in a new world order’. TXF was granted access to the event’s subsequent debate, chaired by Lord Clement-Jones CBE, which focused on the question of whether international monetary policy and global foreign policy should be inextricably linked.

Top 10 tips for a successful SCF programme

Hesham Zakai

20 July 2016

As corporates turn in greater number to supply chain finance to optimise their working capital, the best practice on this vital treasury tool continues to grow. Doug Schoch, a Vice President at Siemens in North America, one of the early-adopters of SCF, shares with TXF his top 10 tips for executing a successful SCF programme.

Citi’s trade chief: 2015 was the riskiest year to date

Hesham Zakai

15 February 2016

In a wide-ranging interview, Citi’s global head of trade, John Ahearn, talks to TXF’s Hesham Zakai about challenging pricing in the market; why 2015 was the riskiest year seen to date; the danger of killing the golden geese of supply chain finance and securitisation; the appeal of blockchain technology; and the industry’s ongoing battle for a fair understanding and treatment of trade finance.

Wynne’s Words: Pointers for trade finance in 2016

Hesham Zakai

28 January 2016

2016 is set to be a year of change. Trade sanctions on Iran have been suspended; those on Russia, on the contrary, have been extended for another six months. Compliance regulations are more stringent than ever, limiting banks’ ability to trade. Geoff Wynne, partner at law firm Sullivan & Worcester, gives TXF’s Hesham Zakai a few words of advice about how to navigate the complex legal landscape of trade in 2016.

Barclays sheds entire London ECA team

Hesham Zakai

27 January 2016

UK bank Barclays made its entire London export finance team redundant last Friday, 22 January 2016, amid a wider cull of the bank’s investment banking division.

Year in review: trade and supply chain finance

Hesham Zakai

28 December 2015

Hesham Zakai, TXF Media’s content manager, picks his favourite trade and supply chain finance stories from 2015.

The 10 biggest trade and treasury market moves of 2015

Hesham Zakai

23 December 2015

Below are the 10 people moves that defined the trade and supply chain world in 2015. We have listed the 10 biggest trade and supply chain market moves that we considered to be the most significant in 2015. Disagree with our list? Add your own suggestions below in the comments section!

Coface backs first ATR aircraft bond

Hesham Zakai

18 December 2015

Singapore based aircraft lessor, Transportation Partners, has issued a $143.7 million bond guaranteed by French export credit agency (ECA) Coface to refinance 10 ATR turboprop aircraft. The 10-year, floating-rate, bond represents the first Coface-backed bond for an ATR aircraft, as well as the first Coface bond to be privately placed

TXF to host one day Ex-Im conference in New York

Hesham Zakai

17 December 2015

TXF has announced a one-day conference dedicated solely to US Ex-Im following the North American ECA’s recent reauthorisation.

Messerschmidt leaves Commerzbank to start SCF business at AKA

Hesham Zakai

15 December 2015

Commerzbank’s head of structured commodity trade finance (SCTF) Mario Messerschmidt has brought to an end his fifteen-year tenure at the bank, announcing his departure effective on December 31.

TXF releases Singapore conference agenda

11 December 2015

Balani: Banks have to understand they are the frontline of AML

Hesham Zakai

3 December 2015

In a wide-ranging interview with TXF’s Hesham Zakai, Henry Balani talks about the responsibilities facing banks; unintended consequences engendered by regulation, including the impact on correspondent banking; his hopes for improvements to bank processes in the emerging world; and how the ‘new normal’ is an opportunity for all banks to distinguish themselves in a competitive marketplace.

TXF unveils dates for February Singapore conference

20 November 2015

ICC Academy: TXF talks to ICC & IE Singapore

Hesham Zakai

21 October 2015

The International Chamber of Commerce (ICC) and IE Singapore have collaborated to launch the ICC Academy, which aims to provide “rigorous and relevant” business education to professionals and students alike – starting with a faculty in trade finance. TXF spoke with John Danilovich (JD), Secretary General of ICC, and Teo Eng Cheong (TEC), CEO of International Enterprise (IE) Singapore, to find out more about the origins of their collaboration, and the prospects of the ICC Academy.

TXF Webinars: How are companies using supply chain finance?

Hesham Zakai

14 October 2015

Using a rich data set gathered by Orbian over several years, academics from IML and the European Business School have researched the ways in which companies use Supply Chain Finance (SCF).

SME trade finance gaps and diminishing correspondent banking highlighted by ICC survey

Hesham Zakai

30 September 2015

Small and medium-sized enterprises (SMEs) are among the hardest-hit by the trade finance gap – accounting for more than half of all rejected transactions, according to the International Chamber of Commerce (ICC) Banking Commission’s 2015 Global Survey.

A sea change in trade finance

Oliver Gordon

16 September 2015

At a time when digitisation, regulation and new liquidity are on the rise, Hesham Zakai explores how these factors are changing the trade-finance landscape.

A sea change in trade finance

Oliver Gordon

16 September 2015

At a time when digitisation, regulation and new liquidity are on the rise, Hesham Zakai explores how these factors are changing the trade-finance landscape.

A sea change in trade finance

Hesham Zakai

16 September 2015

At a time when digitisation, regulation and new liquidity are on the rise, Hesham Zakai explores how these factors are changing the trade-finance landscape.

Platform power: Eeny, meeny, miny, moe – with which provider shall I go?

Hesham Zakai

16 September 2015

TXF’s Hesham Zakai ventures into the brave – but not so new – world of supply chain finance vendors and their respective offerings.

Pricing and fees decrease as capital markets expectations rise

Hesham Zakai

13 July 2015

Hesham Zakai analyses the TXF-ICC Export Finance Global Survey 2015, which polled a range of export finance professionals, and compares the results with those from last year.

BB Energy signs increased RCF amid strong demand

Hesham Zakai

22 June 2015

Independent energy trading company BB Energy has signed a $200 million revolving credit facility (RCF) with a club of 25 financial institutions.

Letters of credit: still alive and kicking

Hesham Zakai

11 June 2015

This week, ICC Austria has been hosting its 10th annual Trade Finance Week. TXF spoke to Andrea Hauptmann, head of guarantees at Raiffeisen Bank International (RBI) and one of the key figures behind the conference, in Vienna today.

Aegean Marine Petroleum: Success in the midst of the storm

Hesham Zakai

29 May 2015

BEST EUROPEAN/EURASIAN COMMODITIES FINANCE DEAL OF THE YEAR Hesham Zakai discovers why simplicity was the best policy for Aegean Marine Petroleum’s new borrowing base facility.

EGPC: An oil deal designed to boost economic reform

Hesham Zakai

29 May 2015

BEST ENERGY FINANCE DEAL OF THE YEAR Hesham Zakai reviews how government support, a winning international alliance and strategic timing have combined in this EGPC deal to put Egypt back on the global investment map.

Noble Agri: leading the ‘Brave New World’ in agricultural commodities

Hesham Zakai

29 May 2015

BEST ASIA-PACIFIC COMMODITIES FINANCE DEAL OF THE YEAR Hesham Zakai praises a Noble Agri revolving credit facility that can have a signiﬁcant impact on the agri landscape.

Report: Commodity Finance market overview

Hesham Zakai

8 May 2015

A special report from TXF Data presenting an overview of key commodities market transactions.

Korean ECAs lead major project financing for Vale

Hesham Zakai

29 April 2015

The Export-Import Bank of Korea (Kexim) and Korea Trade Insurance Corporation (K-Sure) have finally signed a $5.5 billion Brazil-South Korea financing transaction for the Pecém Steel Company (CSP) project in Brazil, TXF has learned.

Docdex overhaul to streamline dispute resolution process

Hesham Zakai

22 April 2015

An overhaul of the ICC’s Docdex dispute resolution mechanism that will speed up, streamline and make more transparent the process has been launched at the ICC Banking Commission Meeting in Singapore.