Episodes
Friday Jan 18, 2019
Development banks up SME support
Friday Jan 18, 2019
Friday Jan 18, 2019
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
- The EBRD has agreed a loan to Kosovo's ProCredit Bank to boost SMEs
- VAKT, an independent company focused on creating an industry-wide post-trade processing platform for commodities through blockchain, has announced investment from three new investors: Chevron, Total and Reliance Industries
- The ADB has agreed 3 loans worth $455m with Sri Lanka
- NatWest is to offer Esme Loans - the digital lending platform for small and medium-sized enterprises and scale up businesses launched by the bank in 2017 - directly to its existing SME business customers
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Thursday Jan 17, 2019
TXF Daily Podcast
Thursday Jan 17, 2019
Thursday Jan 17, 2019
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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Ex-HSBC head of export finance Peter Luketa has joined Cranmore Partner
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Afreximbank has closed a $500m Chexim-backed facility
- US grain merchant Archer Daniels Midland has looked at buying rivals, including Bunge and dozens of other companies, but decided the time is not right for "monster" acquisitions
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SWIFT has published a standard for pay later APIs with the aim to help the adoption of this consumer payment model
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Wednesday Jan 16, 2019
TXF Daily Podcast
Wednesday Jan 16, 2019
Wednesday Jan 16, 2019
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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Turkey has cancelled 1GW of solar procurement
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The Export-Import Bank of India (India Exim) will be recapitalised to the tune of Rs6,000 crore
- Bank Hapoalim has become the first bank in Israel to sign up for SWIFT Global Payments Innovation (gpi), allowing it to provide customers with increased speed, transparency and traceability of cross-border payments
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MineHub Technologies works with IBM on mining supply chain blockchain solution
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Tuesday Jan 15, 2019
TXF Daily Podcast
Tuesday Jan 15, 2019
Tuesday Jan 15, 2019
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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ACWA Power is planning a move into solar panel production
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Olivier Delay has been appointed as Natixis’ new CEO of Americas CIB, effective 1 March 2019.
- Russia is preparing an investment in Bitcoin to replace the US dollar as a reserve currency in a bid to tackle US sanctions
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Vancouver-based GoldQuest Mining has appointed Dave Massola as chief executive officer (CEO)
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Monday Jan 14, 2019
TXF Daily Podcast
Monday Jan 14, 2019
Monday Jan 14, 2019
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
- Sponsors of the Al Dur 2 Independent Water and Power Project (IWPP) in Bahrain – ACWA Power, Mitsui and Al Moayyed Contracting – are nearing bank mandates for the scheme
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The Philippines has approved Phoenix Petroleum's $2bn LNG terminal
- Canada has announced its first geothermal power facility
- Assala Energy is expected to sign a $500 million reserve-based lending (RBL) facility imminently.
- Jeremy Wilson - Vice Chairman, Barclays Corporate Banking - has announced his retirement after 47 years
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Friday Jan 11, 2019
TXF Daily Podcast
Friday Jan 11, 2019
Friday Jan 11, 2019
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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Athens International Airport – an SPV comprising Hellenic Republic Asset Development Fund, AviAlliance and AviAlliance Capital –closed a EU665.6 million 15-year project bond on 28 December to finance the extension of Greek airport’s concession for a period of 20 years until 2046
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Glencore has lost exclusive rights to major Libyan oil grades
- Farmers in top cocoa grower Ivory Coast say the current crop is worsening, with beans starting to rot, as lack of financing prevents them from properly fermenting and drying beans already stressed by bad weather
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David Hennah, head of trade and supply chain finance at Finastra, has left the company to move to iGTB
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Thursday Jan 10, 2019
TXF Daily Podcast
Thursday Jan 10, 2019
Thursday Jan 10, 2019
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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Bankers have been detained in a Mozambique corruption scandal
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Anadarko Petroleum, with financial advisory from Societe Generale, has launched a project financing to banks and export credit agencies (ECAs) to fund its $20 billion Mozambique LNG project. Responses are due by the end of February.
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IADB has launched a $3.25bn five-year global bond
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The top suspect in Vitol, Glencore Brazil bribery case arrested in US
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UK-based challenger Countingup is taking on the “old-school” banks by offering invoicing, automated payment matching and expense tracking.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Tuesday Jan 08, 2019
TXF Daily Podcast
Tuesday Jan 08, 2019
Tuesday Jan 08, 2019
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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Canadian Solar closes sale of 18MW portfolio to Sonnedix
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Cem Erseven has joined COFCO as their new head of EMEA, structured financial markets and will be based in Switzerland – effective 7 January.
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Sponsors of the Rabigh 3 independent power and water project (IWP) in Saudi Arabia – ACWA Power, Saudi Brothers Commercial Company and Sidem – are expected to reach financial close next month on around $550 million of debt to fund the limited recourse scheme.
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World Bank President Jim Yong Kim has made the surprise announcement that he is stepping down after six years in the post.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Monday Jan 07, 2019
TXF Daily Podcast
Monday Jan 07, 2019
Monday Jan 07, 2019
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
- Aqaba Development Corporation (ADC), a subsidiary of Manaseer Group, has begun sounding out bank and ECA appetite for the estimated $1 billion Phosphate Fertilizer complex in Jordan
- Colombia has set a date for its first renewable energy auction.
- Australia's Pilbara Minerals has announced the proposed funding package for the Stage 2 - 5Mtpa expansion of its Pilgangoora lithium-tantalum project.
- The UK is launching a traffic-light warning system to spotlight large companies that fail to pay their suppliers on time
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Friday Jan 04, 2019
TXF Daily Podcast
Friday Jan 04, 2019
Friday Jan 04, 2019
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
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Peru has awarded six broadband PPPs
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ArcelorMittal’s five-year $5.5 billion revolving credit facility (RCF) pulled commitments from 22 banks in total, a strong performance given shrinking global steel spreads.
- OPEC oil output posts biggest drop since 2017
- The Qatar National Bank has implemented Infosys' Finacle Payments Hub as part of the bank's digital transformation strategy
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.