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Trade Finance - October 2011 |
COVER STORY
THE STATE OF THE EXPORT FINANCE MARKET
John Geddie explores how the business continues to adapt to new market realities.
FEATURES
Capital equipment finance – Latin America: Plenty of options
Graeme Burton reports on ECA-backed deals in Latin America.
Capital equipment finance – MENA: Cooperation remains key
Michele Martensen assesses the prospects for agency-backed deals.
Capital equipment finance – satellites and telecoms: To a higher level
Graeme Burton looks at the growth of export credit in the satellite/telecoms arena.
Capital equipment finance – sub-Saharan Africa: Tapping the potential
Michele Martensen examines the trends in sub-Saharan African export finance.
JP Morgan – ECA financing in Asia: Meeting the growth challenge
Pravin Advani assesses the vital role that ECAs are playing in Asia.
Capital equipment finance – Asia-Pacific: A bright outlook
Jonathan Bell examines the exciting future for ECA-backed business.
Deal analysis – Axis, Indonesia: Islamic solutions
Dickon Harris explores one of the most innovative financings of the year so far.
Deal analysis – Macarthur Wind Farm: Blowing strong
Jonathan Bell reports on the financing of the biggest wind farm in Australia.
Trade regulation – EU waivers: Burdened by bureaucracy
John Geddie considers why EU legislation will make it difficult for ECAs.
RUSSIA/CIS SUPPLEMENT
Capital equipment finance – Russia and CIS: Consistent strong demand
Helen Castell assesses the development of ECA-backed financing in Russia/CIS.
HSBC – Russia/CIS export financing: The ‘new’ product for Russia
HSBC’s export finance team examine the rapidly expanding use of export credit.
Deal analysis – RusVinyl, Russia: Creating a PF template
Dickon Harris reviews the novel ECA-backed financing for RusVinyl.
Deal analysis – Kernel, Ukraine: Record financing
Dickon Harris looks at the success of the largest CIS agri PXF to date.
Deal analysis – Azercosmos: Patience pays off
Oliver O’Connell reviews the financing structure for Azerbaijan’s Azercosmos deal.
Interview – Paul Simpson, BofAML: Bullish on trade
Oliver O’Connell talks with Paul Simpson of Bank of America Merrill Lynch.
China-Africa trade – RMB: Sharp rise forecasted
Jonathan Bell reviews Standard Bank’s report on China-Africa RMB trade.
Correspondent banking – emerging markets: The driving force
TFM asks Ramona Homfeld about correspondent banking in the emerging markets.
REGULARS
MARKET MOVES
RBS appoints EMEA trade head
XL Insurance launches new team
JP Morgan names Asian treasury
Santander strengthens US trade
MARKET UPDATE
Debut for Russia’s Bashneft
Vitol launches trade revolver
Ferrexpo slashes PXF pricing
Ak Bars closes Murabaha financing
ECA/DFI FINANCING
Talks on repricing for Nord Stream
New JBIC to emerge in 2012
Upgrade for Tupras Izmit refinery
Indian grid financing delayed
TRADE & SUPPLY CHAIN
Garanti Bank partners with Deutsche
JP Morgan enhances Trade Channe