July/August 2010 - GTR Magazine - Global Trade Review - The world's leading international trade finance and export finance magazine

GTR Magazine: July/August 2010

Are banks still holding back?

Banks face new obstacles preventing them from lending trade finance, writes Rebecca Spong.

Wells Fargo merger bolsters capabilities

With the US middle market struggling to access trade credit from international banks, Wells Fargo Bank is ready to provide this additional liquidiy. Shannon Manders reports.

JP Morgan's trade team targets growth

Fresh from hiring over 40 people to his team, Dani Cotti, global trade executive at JP Morgan, tells GTR how trade finance fits into the bank's broader growth strategy.

Back to the source - the new ABN Amro

After almost three years of mergers, break ups and government bailouts, Fortis Bank Nederland and ABN Amro have combined to produce a Dutch bank set to be a powerful force in trade finance, writes Michael Turner.

Industry reflects on tarnished reputation

UK-based trade credit underwriters and brokers gather to debate how the industry can improve its image and performance, having faced criticism over cutting cover limits.

Banks clamour to support UK exports

The new UK government is keen to see the revival of the country's industry through the promotion of exports. The banks claim they are on hand to support such initiatives, writes Kevin Goodier.

Export finance - a vital pillar for trade

Global heads of export finance argue that ECA-backed export finance will remain an important financing tool given the persistent market volatility.

Risk appetite returns

Activity in the fortfaiting secondary market is increasing as confidence returns and more banks look to sell on risks, writes Shannon Manders.

Sovereign debt crisis to boost SCF appeal

For many European corporates and their suppliers, the recent sovereign debt crisis has strengthened the need for supply chain finance and receivables financing. Liz Salecka investigates.

Set for the mainstream?

Islamic trade finance banks are going mainstream, looking to offer conventional banks and corporates a new source of liquidity, writes Rebecca Spong.

KrisEnergy snaps up Asian acquisitions

Oil and gas company KrisEnergy enlists Standard Bank for Southeast Asia acquisition, writes Michael Turner.

Korea report

Funding breezes into the Korean renewable sector as HSBC and BNP Paribas sign an ECA-backed deal with renewable energy provider Acciona for the construction of a wind power fam in Korea.