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Deutsche Bank has launched in four Apac markets, providing payment collection services for e-commerce merchants, as the firm eyes six more markets.
The bank’s real-time cash concentration service in Thailand is part of its treasury and trade solutions Asia South business.
Cash visibility remains a priority, regardless of the macro environment, according to senior panellists.
CT understands that Sameer Shah will join the German bank as head of cash management sales for Middle East & Africa.
Singapore and Australia-based clients can use the function from September 1, with future expansion to other Asian markets in the pipeline.
In an exclusive interview, Cynthia Ho, from Bank of China (Hong Kong) Limited, illustrates how corporate treasury centres can help meet the needs of not just established companies, but emerging organisations on the path to global expansion.
