Treasury management practices in Asia: Which key models prevail in the region?
Setting up in-house banks is common practice in the multinational corporate world, specifically in Europe and US. Given the growth of Asia-based multinational corporations in recent years, the number of companies transitioning to in-house banks is growing in the region. Is this trend set to expand further? Are alternative treasury management models and practices emerging? Which regulatory hurdles are on the horizon? What are the benefits and drawbacks of the various treasury centralisation models?