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An analysis by Robert Labbeke, Account Manager at Fortis Bank.
Geert Vanwildemeersch, Financial Manager at Brachot-Hermant, explains the advantages of the Pan-European liquidity management built up with Fortis Bank.
Many companies are holding record amounts of cash. Owing to the current low level of interest rates, however, the return on cash is not very attractive.
Cash management uses techniques designed to improve operating conditions, risk and the financial results of a company's or group of companies' cash management.
A company or group working at international level generally find themselves faced with holding bank accounts in different countries.