CompleXCountries (CXC) Report on Corporate Treasury, Banking & FX in East Africa
CompleXCountries today published a report on the practical approaches of treasurers from multinational corporations to the challenges of operating in Kenya, Ethiopia, Uganda, Mozambique, Rwanda and Tanzania.
The topics covered in the full report include:
- Treasury and banking environment in East Africa
- Treasury operating models (centralised versus local)
- Banking landscape and availability of international banks
- Local and regional banking relationships
- Bank service quality
- Cash management and liquidity; cross-border payments and collections
- FX availability and hard currency shortages
- Cash repatriation; exchange controls and regulatory developments
- Mobile wallets and digital payments; payment service providers (PSPs); wallet governance and internal controls
- Bank connectivity (MT940s, APIs, SWIFTNet) manual banking processes and operational inefficiencies; bank system outages and online banking reliability
- Deposit interest rates
- Country-specific treasury challenges customer financing and leasing solutions; export credit support.
Banks discussed in the report include:
Absa (South Africa), Access Bank (Nigeria), Afrexim Bank / African Export-Import Bank (Egypt), BCI (Mozambique), Citibank, Commercial Bank of Ethiopia, CRDB Bank (Tanzania), Ecobank, Equity Bank (Kenya), HSBC, Millennium BIM (Mozambique), NBC (Tanzania), NMB (Tanzania), Standard Bank, Standard Chartered, Stanbic , UBA / United Bank for Africa (Nigeria), Vista Bank.
About CompleXCountries (CXC)
▪️ CXC reports are based on confidential peer discussions between senior corporate treasurers sharing their solutions to complex treasury challenges.
▪️ Our commentaries, comprising the key findings from the reports are FREE - simply register to access 190+ commentaries and receive new commentaries direct to your inbox - register at www.complexcountries.com
▪️ Our reports, available via subscription or individual purchase, are packed with practical, experience based learning allowing users to benchmark their operations and identify proven, actionable efficiencies - please get in touch for details.