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Trade Finance Deals of the Year 2008

23 March 2009

Last year was a truly remarkable year for trade finance! Selected here are 56 of what we consider to be the best deals of 2008. They represent deals in 25 different countries. Of these deals, some 30 of them relate to capital equipment and/or ECA/export finance supply, another 15 are structured commodity deals, seven can be considered to be hybrids or combination financings and four supply-chain financings.

Read more: [Deals of the Year]

Last year was a truly remarkable year for trade finance. The first half of the year was characterised by rapid activity on the deal making and closing front, only for this to slow down in the second half and come to an almost grinding halt towards year-end as the credit crunch, economic downturn and banking fallout took its toll. What a year!

Nevertheless, 2008 had...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

You ignore LCs at your peril as a trade bank.

Mark Evans, ANZ - Banks examine the bigger trade picture - April 2010