Standard Chartered and the International Finance Corporation (IFC) have traded the first offshore USD/CNH cross currency basis swap (CCS) referencing Loan Prime Rate (LPR) and LIBOR.
Currency management automation software firm Kantox has collaborated with 360T, Deutsche Börse Group’s FX unit, to provide straight-through-processing integration for Kantox’s corporate clients.
With a new digital banking tool aimed squarely at the region’s SMEs, he spoke to CT about trends in transaction banking, small businesses and what the future holds for corporate treasurers.
Widespread capital controls, limited liquidity in government securities, and governance and geopolitical challenges are hurdles to internationalizing the yuan, ratings agency says.
For banks that deal with small businesses and B2Bs, the future lies in the right infrastructure for low-value payments. SWIFT's new pilot aims to run low-value payments on gpi's rails
Keenly awaited by corporate treasurers, a central bank digital currency between Hong Kong and Thailand has taken a further step towards becoming a reality.
When it comes to currency risk, there are several tools at the corporate treasurer's disposal chief among them doing nothing at all. CT takes you through a currency risk checklist.
