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The French MNC worked with BNP Paribas – with which it shared the CT award for best payment strategy of 2017 – on streamlining a series of recently acquired entities.
Major regional banks, such as ANZ and Maybank, as well as globals, have told CT that bank payment obligation (BPO) deals are set to go public in 2014.
Malaysian telco Axiata Group is well on its way to centralising its treasury. The journey should inspire more MNCs to do the same.