Banks disagree on the foreign exchange implications of the PBOC’s announcement of a wider renminbi trading band, but advise SMEs to switch to invoicing in renminbi.
Treasurers in Thailand treasurers have expressed lower levels of satisfaction with receivables services than their regional peers, according to East & Partners research.
A survey of China’s top companies reported a marked dissatisfaction with trade finance and liquidity management services, products they also ranked as among the most important, according to East & Partners.
Treasurers and CFOs report concerns over short-term debt and liquidity management transaction banking services they receive, according to East & Partners research.