Trade finance news

Oil prices hit Japan banks

Oil prices hit Japan banks

Stubbornly low oil prices are having a dual effect on Japanese trade, with commodity banks taking a hit and exporters making hay.

Data from Thomsons-Reuters this week showed that the Bank of Tokyo Mitsubishi (BTMU) and Sumitomo Mitsui Banking Corporation (SMBC) were among eight banks with regional exposure to commodity financing amid plummeting oil and copper prices.

The reports showed that the group of banks have commodity lines totalling US$23bn.

Iran: Low impact expected from USD boycott

Iran: Low impact expected from USD boycott

The Central Bank of Iran’s (CBI) announcement that the country has stopped using US dollars for trade is unlikely to have a large impact on the industry.

China insolvencies to hit commodities

China insolvencies to hit commodities

Insolvencies are to increase in China, Hong Kong and Taiwan this year, with traders facing challenges in accessing finance.

New MD for Euler Hermes

New MD for Euler Hermes

Bernd Papenstein is set to replace Andreas Klasen at the head of German ECA Euler Hermes.

HSBC boosts GTRF team

HSBC boosts GTRF team

HSBC has promoted Adrian Rigby to the newly-created position of chief commercial officer (CCO) of the GTRF team.

Jan/Feb 2015

The German question

The German question

For the first time in a lifetime, fears were raised last year over the health of Germany’s exports sector. Finbarr Bermingham asks whether we should start to get worried.

Feeding the biomasses

Feeding the biomasses

Biomass is valued in the renewable energy mix for its constant supply, but small, local plants close to their feedstock remain the easiest to finance, writes Sarah Rundell.

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GTR January/February 2015 is out!

GTR JanFeb cover

The GTR Africa Supplement 2015 is out now!

Highlighting excellence in the trade, commodity, supply chain and export finance markets. Deadline for submissions is January 12.

Internationalisation and liberalisation of the renminbi

The world's largest trade finance gathering! 

Roundup of the world's largest trade finance gathering
Nigeria
Lagos - February 4-5, 2015 
India
Mumbai - February 12, 2015 
United Arab Emirates
Dubai - February 16-18, 2015 
Russia
Moscow - February 17, 2015 
Australia
Sydney - March 2-3, 2015