Emerging economies in Asia are embracing green finance at a faster rate than initially anticipated, a senior banker who specialises in the field told the Corporate Treasurer
HSBC’s strategic push to Asia promises explicit investment in transaction banking platforms and lending rates set to undercut existing lenders*, but the shift will be far less substantial than presumed.
With volatile currency swings and unpredictable stabilisation measures, treasurers in Asia-Pacific are increasingly turning to intercompany loans and hedging.
Valspar has added renminbi to its global cash pool currencies through a dividend payment to its US headquarters and has future plans for the Shanghai free trade zone (FTZ).