The scale of China’s Belt and Road Initiative (BRI) is striking: involving nearly two thirds of the world’s population, 68 countries and over 40 per cent of global GDP. But what are the risks and opportunities arising from BRI for corporate treasuries, particularly for those in the real estate sector?
As the natural resources and utilities sector re-emerges, new challenges lie on the horizon. At the same time, there are significant opportunities for treasurers not only to optimise their structures and processes but also to add greater strategic value to the wider business.
We speak to industry experts at Deutsche Bank about virtual accounts and the need for virtual ledger management - which they suggest can truly transform the way treasurers manage their liquidity, not only overcoming today’s liquidity challenges but also preparing for tomorrow’s headwinds.
With technology developments occurring at a rapid rate, Christopher Mager of BNY Mellon Treasury Services, discusses some of the key innovations that are impacting transaction banking, and how knowledge is king when it comes to harnessing new capabilities.