COVER STORY: SUPPLY CHAIN FINANCE – STATE OF THE MARKET
Alexander Malaket examines the state of supply chain finance as transaction bankers, trade financiers and other market stakeholders continue to define the business of financing supply chains and search for a balanced set of products.
FEATURES
TRADE & SUPPLY CHAIN FINANCE FOCUS
Basel III: Finding the upside
Dickon Harris asks if improved dialogue with regulators will result in positive changes under Basel III for trade finance.
Deutsche Bank: Financial supply chain management
Alexander Mutter of Deutsche Bank’s Global Transaction Banking assesses how financial supply chain management is growing in scope and sophistication.
Europe: The great European expansion
Dickon Harris examines how European supply chain trade finance is beginning to deliver in the post-crisis recovery.
FI outsourcing: The case for bank service providers
The need for partnership in trade finance is core to the industry, but a number of factors are making the case for bank trade service providers stronger. Oliver O’Connell looks at the evidence.
HSBC Invoice Finance: The receivables finance industry
HSBC Invoice Finance, which is at the forefront of receivables finance, outlines how the sector is expanding globally.
USA trade finance: On the frontline
With a call to double exports by 2015, it is a challenging time for middle market US banks. Oliver O’Connell looks at some of the trends.
MENA: Market diversity provides positives
Trade Finance speaks to five trade finance bankers about the impact of the unrest on trade, and prospects for growth in the UAE, in particular.
Deal analysis – Nord Stream 2: A Stream-lined transaction
John Geddie examines how the final round of financing unfolded.
IFC – Emerging market supplier finance: Stepping into the groove
Priyamvada Singh, lead global trade supplier finance at IFC, explains the reasoning behind the institution’s move into the supplier finance arena.
ICC – Banking Commission meeting: Surveying the state of trade
Dickon Harris reports from the front lines of the ICC banking commission meeting held in Zurich, to analyse the results of the latest ICC trade finance survey.
REGULARS
MARKET MOVES
Surprise hire at Barclays in London
JP Morgan strengthens Asia trade
BBVA names new structured trade head
StanChart expands MENA team
MARKET UPDATE
Metalloinvest locks in blowout PXF
Cocobod looks to record mandate
Glencore launches jumbo revolver
Stemcor announces syndicated loan
ECA/DFI FINANCING
ECAs co-finance Turkish power deal
FMO landmark for Vietnam’s Sacombank
JBIC and Kexim direct loans for UAE
New Caterpillar finance from JP Morgan