Latest Analysis

Mexican economic reforms hit rocky patch

Mexico is facing an uphill battle to maintain the success of its economic reforms – can it continue to attract foreign direct investment and preserve export growth?

It’s not just about the finance

Close on the £1.95 billion ($2.85 billion), 19-year debt, financing for Beatrice Wind has put offshore wind back on the agenda at lead sponsor SSE. The reason, in part, is that lower supply chain costs and cost-saving new technology have become as big a driver of UK offshore wind as export and DFI support.

Uralkali signs $1.2 billion PXF

Despite continuing sanctions, Uralkali, the Russian potash fertiliser producer, has signed a five-year $1.2 billion pre-export (PXF) facility with 16 international banks.

Long tenors return to Argentina in Axion deal

Axion Energy’s $378 million loan has created a stir in Argentina as public and private lenders have begun to eye the country with less suspicion.

Deals stalled as US Ex-Im stalemate continues

Six months after the reauthorisation of the Export-Import Bank of the United States, the bank’s inability to finance or guarantee loans worth more than $10 million is having significant effects around the United States and abroad.

Coal-fired power – a slow burn that may get slower

JBIC and Kexim export support has been the financial fuel behind Indonesian coal-fired power – despite a dysfunctional PLN. But with new OECD rules on ECA lending to the coal-fired sector, that support will lose potency the nearer Indonesia gets to its ambitious 35 GW expansion target.

Free More on the margin but not marginalised

Access to fast cheap short-term debt is more important in commodities trading than most sectors. But not all traders get similar margins or speed of delivery. So what generates the tightest margins and is there a growing mismatch between timing in the lending/borrowing dynamic of both markets?

Commodity prices: the impact on trade finance

Price declines have created challenges for commodity producers and raised concerns among regulators and investors about banks’ exposure to commodities.

Supply Chain Finance Summit unveils new terminology

Trade Finance magazine reports on the 4th Annual Supply Chain Finance Summit, held in Singapore on 9-10 March. It highlighted growth in the supply chain finance market, especially in Asia, and saw the unveiling of a new set of standard definitions for the industry to bring clarity and consistency, and facilitate its further development.

Slick business: why the Middle East is key for trade finance

While the international oil markets slump along with commodity prices, corporates in the Middle East have ploughed ahead with production. Concurrently, the requirement for trade finance is on the rise as governments look to diversify the economy and companies seek alternative forms of funding.

The evolution of global transaction banking

With several challenges lying ahead of the global transaction banking sector, Jason Torquato, Americas Editor, examines how the industry is placed to adapt and what new opportunities lie ahead.

Canada’s hope for growth

Canada’s natural resources-heavy economy is showing signs of strain but prospects remain that could offer a return to strong growth.

Blockchain - but which direction?

Banks have a choice to make about their trade and supply chain finance operations. Go for yield and lead blockchain tech development from the front – or continue with basic digitisation of a paper-based offering and risk marginalisation.

Free Cross-Border Finance’s New Frontier

Dubai has quickly emerged as a major hub for the financial services sector.

Free Talking shop

Coface’s Massimo Falcioni, CEO Middle East Countries, and Seltem Iyigun, Economist, give their opinions, conclusions and forecasts about how the commodities downswing has affected the behaviour and financing requirements of corporates in the Middle East, now and going forward.

5:25 and all's still not well

Pressure from domestic banks is mounting on Indian steel borrowers to deleverage. But many international lenders to revolvers and working capital facilities are still willing to continue to back the sector – and in some cases at remarkably cheap margins given the economic backdrop.

Free Project bonds and beyond

The first application of the EIB PBCE to a project with demand-risk could prove a slow-reaction catalyst for change across the project, export and agency finance market.

BNDES finances Minas biomass plant

Brazilian development bank BNDES has provided a R$145 million ($27.7m) loan to fund the expansion of a small biomass plant in Minas Gerais

IFC advises CapitalMed project in Egypt

The International Finance Corporation will advise private healthcare developer Egyptians for Health Care Services on its CapitalMed Health Care City project in Badr City, close to New Cairo