The Indian FMCG is working with the State Bank of India to provide non-recourse working capital financing for key distributors in India. CT explains how.
With virtual accounts, the Indian FMCG has automated a key aspect of its payments process to distributors. Time saved is equivalent to three hours a day.
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.
Ever wondered how treasurers pick their banker? CT discovers it’s not the quality of the suit they’re wearing that matters, but working for a very well-known bank.
Based on a Deloitte survey conducted in 2013 and completed by 277 financial executives, CT has selected some key findings on where, why, and how shared service centres (SSCs) are used.
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.