The Hong Kong-based retailer’s treasurer tells CT why he is partnering with his core cash management bank for improved data management and cost savings.
A joint CT CBA poll examines the behaviour of corporate treasury departments throughout Asia-Pacific and finds dependence on counterparty ratings and local treasuries limited by central policy.
AirAsia is looking to set up a regional treasury centre for the group in Malaysia, CT has learnt. Improving cash visibility and handling foreign exchange risk are key motivations behind the decision.
Combining exclusive interviews and submissions from Asia’s key transaction banks, CT has compiled ten top trade finance strategies from the last year. This is part three of five of the full write ups.
Asian companies were hit by extended days sales outstanding periods between 2011 and 2012, according to an Atradius payments survey. Indian, Indonesian and Chinese companies were impacted most.
Transaction banking research from East & Partners reveals the key reasons why companies shift bank and also who is presently owning the share of the primary banking pie in Asia.