Bank Relationships

Regional Banking in sub-Saharan Africa

Report date: 
17 Nov 2020

The report covers the experiences of five regional treasurers with their banking operations in the region. Including, their banking set up, their main challenges and experiences with individual banks.

 

Topics covered in this report: 
Bank Relationships, Banking, Cash Repatriation, Cash Management, FX
Service providers discussed in this report: 
Citi, ABSA, Ecobank, Société Générale, Standard Bank, Standard Chartered

Regional Treasury in Latin America

Report date: 
12 May 2022

Latin America: the guaranteed antidote to boredom for treasurers. Unfortunately, it often also means sleepless nights. In this call, we discussed how people manage their treasury operations across the region. Most participants had a similar approach – but we still had some lively discussions, especially around banking relations.

Topics covered in this report: 
Funding, FX, Bank Relationships, Cash Management
Service providers discussed in this report: 
Citi, JP Morgan, BBVA, Santander, Itau, Bradesco, Kyriba, Quantum, FXall

Winding Down Russia: Treasury Challenges

Report date: 
29 Apr 2022

This was our third call on the situation in Russia. It focused on the practical challenges people are facing: nearly all participants are either running down their businesses or continuing on humanitarian grounds for products which are exempted from sanctions, particularly in the healthcare sector. However, as one participant put it, winding down is easier said than done.

 

Topics covered in this report: 
Hedging FX, Risk - reputation, KYC, AML, Sanctions, FX, Bank Relationships, payroll, Supply chain, Dividends
Service providers discussed in this report: 
Société Générale, Rosbank, Raiffeisen, Unicredit, Intesa, Citi, HSBC

Treasury & FX in Colombia & Peru

Report date: 
25 Nov 2021

This report on Treasury & FX in Colombia and Peru is based on an expert confidential Treasury Peer Call in which senior treasurers from Latin America, the USA and Europe shared their approaches and experiences. Although the countries are amongst the least complex from a treasury perspective in the region, there are still concerns about FX volatility due to political uncertainty.

Topics covered in this report: 
Bank Relationships, Cash Repatriation, Corporate Treasury, FX, Political Risk
Service providers discussed in this report: 
360T, Banco Davivienda, BBVA, BNP Paribas, JP Morgan, Citi

Treasury & Banking in Iraq

Report date: 
29 Mar 2022

For companies who are still doing business there, Iraq is not as difficult as might be imagined. There are a lot of issues around Iraqi Kurdistan, and transactions are often routed via the UAE. Not all international banks have a big appetite for Iraqi risk, but good services can be obtained from UAE or Lebanese banks. Dollar availability can be variable,but it is usually possible to remit cash out. Not for the faint hearted – but it works!

Topics covered in this report: 
FX, Bank Relationships, Banking
Service providers discussed in this report: 
Standard Chartered, Credit Suisse, SWIFT, Byblos Bank, Bank of Beirut, Abu Dhabi Islamic Bank, National Bank of Iraq