GTR Trade Finance eNews - Article July 2010
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.
KrisEnergy snaps up Asian acquisitions
Oil and gas company KrisEnergy enlists Standard Bank for Southeast Asia acquisition, writes Michael Turner.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Are banks still holding back?
Banks face new obstacles preventing them from lending trade finance, writes Rebecca Spong.
