Cash Management

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.

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.

BPI Family Savings launches new service to SMEs

BPI Family Savings senior executive Mercedes Roces said the bank now offers comprehensive cash management package to SMEs.