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Latest News by Sector

Commodity Finance

Export & Agency Finance

Factoring and Forfaiting

Trade & Supply Chain

Islamic Trade Finance

Trade Credit & Political Risk

  • New role for Louat at Zurich

    30 June 2009

    Frederic Louat, manager for Zurich Surety, Credit and Political Risk Asia-Pacific, has moved up to a new role.

Latest News by Region

MENA

  • Al Dur IWPP closes

    02 July 2009

    Financing has closed for Bahrain’s Al Dur IWPP, the first major new Gulf project deal to close this year.

Sub-Saharan Africa

  • AfDB to fund GLTP

    02 July 2009

    African Development Bank is set to fund the Global Trade Liquidity Programme, which when active will become the single-largest contributor to African trade finance.

South Asia

  • UBL joins GTFP

    30 June 2009

    Pakistan’s United Bank Limited (UBL) has joined the IFC’s Global Trade Finance Programme (GTFP).

SE Asia & Australasia

Russia/CIS

Latin America & Caribbean

Poll

Is the trade finance market picking up?

Yes. There are clear signs of recovery and banks are definitely now preparing to do more new money deals.
62%
No. The market is still fairly stagnant and we are only seeing the deals that have to be done. Appetite is still amazingly limited.
25%
Too early to say. There is a lot of talk but not many deals actually being done.
12%

Quote

“The deal will be an absolute blockbuster bonanza. The pricing has gone up to a level no has ever seen before. Even if you go back 10 years it was not as high as this.”

Commodity bankers are clearly keen on the 2009 financing for Ghana Cocobod. Massive price increase for Cocobod PXF - May 2009.