Best Treasury & Cash Management Providers: Africa
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March 04, 2021
African corporates have taken some heavy hits from the Covid-19 pandemic. Working capital cycles have been disrupted. Many firms have been forced to seek rescue, including debt moratoriums and restructurings, while their governments have turned to emergency funding from the African Development Bank and other multinational lenders.
Happily, the continent’s big private-sector players are applying some valuable lessons learned from other crises of the past few decades, including drought, armed conflict and epidemics. Guinea’s mining sector, for example, played a role in addressing the Ebola crisis. And the African Continental Free Trade Area (AfCFTA) is widely expected to open up opportunities.
Best Treasury & Cash Management Providers: Western Europe
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Regional banks are innovating and partnering with fintechs to help their clients survive the pandemic and make the treasurer’s job easier going forward.
March 04, 2021
Banks in Western Europe are harnessing a combination of local knowledge, specialist tools and innovative technology to help businesses stay afloat during the Covid pandemic and stay ahead of an increasingly demanding client base. A recent EY report found that corporates expect their banking partners to provide access to accurate, real-time information; streamlined services; streamlined onboarding and integration with a client’s core systems all within banks’ digital transformation efforts.