Standard Chartered holds Liquidity Management Seminar
Bank to launch enhanced cash and liquidity management tools
16 December 2012, | United Arab Emirates - Standard Chartered recently held a client conference focusing on liquidity management, which is the lifeblood of organisations. “Managing Liquidity in a Dynamic economic Environment” was an exclusive event attended by a select group of senior finance and treasury executives to discuss optimization of cashflow and working capital management. The Bank also presented and discussed with clients its plans to revamp its cash and liquidity management platform during the first quarter of 2013.
At the seminar, Philippe Dauba-Pantanacce, Senior Economist at Standard Chartered discussed global, regional and local economic outlook for 2013. Product specialists and Senior Executives provided insights on latest trends and developments in the field of Cash and Working Capital Management.
Commenting on the importance of cash management and the capabilities of Standard Chartered in this field, Haytham El Maayergi, Head of Transaction Banking, Standard Chartered UAE said:
"Stressed market conditions led organisations to increasingly focus on Cash and Liquidity Management to support business growth and manage their costs and investments. Standard Chartered is continuously investing in its capabilities and will launch during the first quarter of 2013 leading solutions that improve efficiency, manage risk and strengthen cash management processes for clients globally and in the region. With deep local expertise and a strong footprint across the world’s most dynamic markets of Asia, Africa and the Middle East, Standard Chartered will continue to be well placed to offer a full range of working capital solutions."
Standard Chartered has been operating in the UAE since 1958 and has the largest distribution network among international banks with 11 branches four Electronic Banking Units and more than 130 ATMs and CDMs.
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For more information, please call:
Senior Regional Manager, Corporate Affairs,
Tel: 009714 508 2564
Mob:+971 56 675 9894
Note to Editors:
Standard Chartered – leading the way in Asia, Africa and the Middle East
Standard Chartered is a leading international banking group. It has operated for over 150 years in some of the world's most dynamic markets and earns more than 90 per cent of its profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank's growth in recent years. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges as well as the Bombay and National Stock Exchanges in India.
With 1,700 offices in 70 markets, the Group offers exciting and challenging international career opportunities for nearly 87,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. Standard Chartered's heritage and values are expressed in its brand promise, 'Here for good'.
For further information please visit www.standardchartered.ae. Follow Standard Chartered at www.facebook.com/standardchartereduae and on Twitter @StanChartMENAP.