Trade Finance 2015 league table results revealed

Feb. 12, 2016 - PRLog -- ·         HSBC most active trade finance lender, JBIC most active ECA, Clifford Chance most active legal adviser

·         2015 market size for medium- and long-term trade finance: $688.8 billion

·         Trade Finance Analytics’ inaugural league tables based on 1,255 medium- to long-term trade finance transactions in 2015

February 12, London – According to the inaugural Trade Finance Analytics league tables, published February 8 2016, HSBC was the most active trade finance bank in 2015, lending a larger amount and closing more transactions than any other commercial bank or development finance institution in the world.

Download a PDF of the full Trade Finance Analytics league table analysis or view live league tables online (https://tradefinanceanalytics.com/league-tables).

Rankings in the league tables are based on data from 1,255 medium- to long-term trade finance transactions closed in the full year 2015 and gathered from both proprietary research and submissions. Total market value was $688.8 billion.

HSBC signed a total $26.7 billion-worth of deals in 2015, with a particularly strong focus on Europe and the Americas. The biggest share of HSBC’s lending was in the energy sector, followed by metals and non-metallic minerals, and transport. Its winning place in the rankings was based on 198 transactions closed in the full year.

ECAs, DFIs

Asia-headquartered export credit agencies (ECAs) led the league tables in 2015. The top three places were taken by JBIC, China Exim Bank and Korea Eximbank, respectively. Export Development Canada came in at number four, followed by US Ex-Im, which fell only one place from its 2014 ranking despite closing for five months during 2015. Asia-based firms were also strong in the broader grouping of development finance institutions (DFIs). Six out of the top 10 were based in Asia.

Law firms

In the legal adviser league tables, Clifford Chance took first place globally. The London-headquartered firm advised on deals with combined value of $37.5 billion during 2015. Its strategy focused on European borrowers, which represented 40% of deals by number of deals. By sector, its largest number of deals were in transport (22%), renewables (19%) and infrastructure (19%). Fellow London-based adviser Allen & Overy came in second place, advising on deals with a combined total of $28.7 billion. US-based Latham & Watkins took third place, having worked on $28.3 billion-worth of deals.

Regions and sectors

Regionally, the Americas received the largest amount of trade finance in 2015, Trade Finance Analytics data show. The Americas’ share was 33%, compared to 29% for Europe and 23% for Asia Pacific. Energy was by far the dominant sector with $231 billion, or 34% of total global value. In the Americas, it was the largest sector with 52%.

About Trade Finance Analytics

Trade Finance Analytics comprises the most comprehensive database of medium- and long-term trade finance transactions, containing more than 3,400 active and closed deals in every region. A growing suite of analytical tools puts data in context and enables extraction of individual transaction records dating back to 2010. Transaction data is gathered from proprietary research and deal submissions. Transactions are verified and investigated by journalists and a team of dedicated data analysts.

For more information about Trade Finance Analytics, contact:

Email: leaguetables@tradefinanceanalytics.com

Telephone: +44(0)20-7779-8352

Web: www.tradefinanceanalytics.com