Cash Management
BNP Paribas and Sacombank signed Service Agreement in Cash Management
Under the Agreement, BNP Paribas will offer cash management services to its local and multinational customers through Sacombank’s branch networks in...
BNP Paribas and Sacombank signed Service Agreement in Cash Management
Under the Agreement, BNP Paribas will offer cash management services to its local and multinational customers through Sacombank’s branch networks in...
ICBC posts 500,000 cash management customers for 2010
ICBC secured the first place in the ranking of Chinese cash management banks by scoring more than 500,000 customers as of the end of 2010.
Siam Commercial Bank selects Transoft Cash Management
The bank to maximize use of Transoft’s OptiCash applications suite for its next generation currency management
PACRA upgrades Bank AL Habib rating
PACRA has upgraded the long-term rating of Bank AL Habib Limited to “AA+”. It also maintained the short-term rating at “A1+”. Meanwhile, the ratings...
GRG Banking to launch cassettes management solution
The cash processing & self-service solution provider has developed a new solution transforming cash management into cassettes management.
DBS forges new saving scheme for parents
DBS launches EduSmart to address concerns and uncertainties that parents face today on deciding how much they need to provide for their children’s...
HSBC appoints Mark Troutman as Head of Sales, Southern Asia, Global Payments and Cash Management
Appointee leads regional team reinforcing commitment to expand Global Payments and Cash Management in South Asia.
Study reveals Generation Y worry about financial prospects
74% of Gen Ys have specific saving goals while only 27% have concrete saving plans.
Commonwealth Bank does not require immediate funding activities
Bank said it has no need for immediate additional wholesale funding amidst Greece and Portugal credit crisis.
StanChart Vietnam expands securities services
Global lender sees country as venue of exciting opportunities for local and international investors.
Affin Bank launches new fixed deposit product
Product enables customers with account in local currency to be converted to any foreign currency.
Bank of the Philippine Islands expects $5bln remittances
BPI positive it will surpass $4.5 billion in 2009 as US and global economy rebounds.
Celent publishes Cash Management in China report
Hua Zhang examined the rapidly developing cash management market China and trends in cash management services.
Cash management in China
Many Chinese companies are facing cash flow problems from the impact of the financial crisis. As such, it has become more and more crucial for...
Japanese bank lending plunges to all-time low since 2005
Japanese bank lending slumped to its lowest since 2005, with some firms deferring capital investments while others turned to bond markets in a bid to...
NAB's Moody's ratings unaffected by Axa bid
NAB's purchase agreement of AXA's wealth management business for US$4.2 billion has no impact on its ratings.