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Why a corporate treasury centre (CTC) is vital to facilitate cash management and visibility
For companies grappling with challenges around healthy liquidity and cash flow, a corporate treasury centre is an integral part of the solution says Andy Yu, deputy general manager of transaction banking department at Bank of China (Hong Kong) Limited.
Due to inflation since the Covid-19 pandemic, geopolitical tensions, as well as a food and energy crisis triggered by war in Europe, the global economy has weakened. There are more uncertainties that have been added to the macroeconomic environment.
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