Issue 04 July / August 2010

EzRemit expands

24 July 2011

EzRemit (EzR), a leading provider of money transfer services using state-of-theart, web-based technology, has signed a strategic partnership with United Bank of Egypt (UBE). EzRemit is part of BFC Group Holdings, which also owns Bahrain Financing Company (BFC), the Kingdom of Bahrain’s oldest leading money transfer and foreign exchange group. Launched in 2003, with a […]

Read the full story

Posted in Issue 04 July / August 2010, News RoundComments (0)

Why intra-Islamic trade finance falters

24 July 2011

MUSHTAK PARKER looks at some of the constraints on the sector Considering that intra-Islamic trade between the 57 member countries of the Organisation of Islamic Conference (OIC) states totalled a staggering $556.328bn in 2008, albeit 16.55 per cent of their total trade, one would have assumed that the uptake of Islamic trade and commodity finance […]

Read the full story

Posted in Issue 04 July / August 2010, TradeComments (0)

‘Improving customer service is a vital aim’

24 July 2011

In an exclusive interview, SAMIR SAHU, head of transaction banking services at Emirates NBD, talks to Cash & Trade What are the bank’s transaction strategy and its market? The bank’s transaction strategy has been to service, at an attractive price point, corporate and SME businesses through technology solutions that facilitate clients who give us their […]

Read the full story

Posted in Cash, Interview, Issue 04 July / August 2010Comments (0)

The golden rule often overlooked

24 July 2011

Cash forecasting is essentially the process of collecting information on balances and future cashflows from business units and being able to consolidate them instantly. Why is it so difficult and is there a simple, pragmatic approach to make it easier? SANNA OUTA, chief operating officer at Exidio, looks at common mistakes and how to avoid […]

Read the full story

Posted in Cash, Issue 04 July / August 2010Comments (0)

Corporate banking still prime business

24 July 2011

As part of its aim to create transparency in the trade finance marketplace, CMM publishes this report, prepared by CAROLINE MAGINN, Cash Management Matters, CMM trade partner. This research will be updated quarterly throughout the year and anticipates the full-year report for 2010, which will be released after annual reports are published by the banks […]

Read the full story

Posted in Cash, Issue 04 July / August 2010, Tajara Monitor, TradeComments (0)

Managing working capital is cornerstone of success

24 July 2011

This article, by DILRUKSHAN ABEYSINGHE, senior sales manager, payments and cash management HSBC Middle East, United Arab Emirates, provides an overview of current approaches and issues relating to cash management, specifically the management of working capital. Among the points it makes are the following: • Using supplier credit as a source of capital may seem […]

Read the full story

Posted in Cash, Issue 04 July / August 2010Comments (0)

Managing mismatches

24 July 2011

If a company has mismatched intercompany transactions, how can it trust its financial statements? This article, by KEITH HARRIS, explores some discussion points for the treasurer, finance director and, ultimately, the chief financial officer Consider a company whose “goods” are physical products or services that are bought and sold. One party is the producer and […]

Read the full story

Posted in Cash, Issue 04 July / August 2010Comments (0)

The best of both ‘ancient and modern’

24 July 2011

Philippe Arbadji, BNY Mellon’s vice president for treasury services, Levant region, and Dominic Broom , managing director, treasury services EMEA, recently hosted a roundtable featuring a number of senior trade and transaction banking professionals from across Lebanon and Jordan. In light of the views expressed, they discuss the future of the sector. While many banks […]

Read the full story

Posted in Issue 04 July / August 2010, TradeComments (0)

Gulf region to see ‘robust rebound’

24 July 2011

Backed by structural advantages and robust fundamentals, the Middle East and Africa region is expected to record sustained GDP growth rates over the medium to longer term, Credit Suisse analysts said in July. Addressing participants at a Credit Suisse Research Roundtable, Kamran Butt, head of Middle East Equities Research at Credit Suisse, Private Banking, said, […]

Read the full story

Posted in Issue 04 July / August 2010, News RoundComments (0)

Treasurers take a gloomy view

24 July 2011

There has been a significant decline in the number of corporate treasurers all over the world who think that the financial crisis is over, according to the EuroFinance Quarterly Global Business Confidence Survey, which also discovered a sharp increase in uncertainty about what lies ahead. The treasurers’ biggest challenge now is the difficulty in forecasting […]

Read the full story

Posted in Issue 04 July / August 2010, News RoundComments (0)

Accolade for Citi

24 July 2011

In recognition of its continued leadership of regional capital markets transactions, Euromoney Magazine recently named Citi the “Best Equity House in the Middle East”. The regional award was part of Euromoney’s 2010 Awards for Excellence, considered to be among the most respected global awards for banking excellence. During 2009, a difficult year for local and […]

Read the full story

Posted in Issue 04 July / August 2010, News RoundComments (0)

Advance in compliance

24 July 2011

Capital Bank of Jordan has chosen EastNets, a provider of global compliance and payment solutions and services, to provide watchlist filtering and anti-money laundering control solutions. Haytham Kamhiyah, general manager, Capital Bank, said, “We decided to develop our current systems by adopting a new solution that is able to keep pace with developments taking place […]

Read the full story

Posted in Issue 04 July / August 2010, News RoundComments (0)

Login

Time is Money

   

Poll

When selecting a bank for your cash and trade needs : Would you prefer to deal with :

View Results

Loading ... Loading ...

Issues