Cash Management

Affin Bank launches new fixed deposit product

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.

The reduced avalability of liquidity

One of the most obvious consequences of the credit crisis has been the reduced availability of external liquidity. Mario Tombazzi, Regional Head of...

Meyado bucks tough economy to expand

Meyado Private Wealth Management has recently announced an expansion of operations as well as a relocation of offices.

RBS addresses wealth transfer needs

RBS will make Transamerica Insurance’s flagship Universal Life policies available to its customers.