Corporate and Investment Banking. Open Account Trade and Supply Chain Financing Solutions for Buyers
|
|
- Solomon Pitts
- 8 years ago
- Views:
Transcription
1 Corporate and Investment Banking Open Account Trade and Supply Chain Financing Solutions for Buyers
2 Standard Bank your trade partner in, for and across Africa Open Account Trade and Supply Chain Financing All trade transactions require financing that is provided by either the buyer or the seller. As a buyer, if you pay cash on delivery, you must finance the period between obtaining the goods and then selling them. If the seller gives you longer payment terms, then they may look to a lender for accelerated payment of the receivable at an appropriate discount rate. Whatever your payment terms, a key consideration on your working capital is the timing difference between cash outflows (including supplier costs, salaries and facility costs) and cash inflows from sales activity. With extensive experience in supporting importers, Standard Bank has the expertise and solutions to help improve working capital in your business. We work with you to understand your specific business needs; for instance we consider areas such as: 3
3 Instances where payment for raw materials or goods is due upon delivery and you have not sold and collected cash to pay for them Early payment to suppliers enabling significant price discounts and stronger relationships The impact of dealing with longer supply routes coupled with infrastructural bottlenecks necessitating you to hold more stock on hand in order to minimise operational disruptions. Your business stands to benefit from Standard Bank s leading financing solutions. Invoice finance Standard Bank provides short-term finance against copies of commercial invoices drawn and evidence of shipment to settle open account trade. We make a payment on your behalf to your supplier directly against your short-term loan facility. This solution structure is ideal where you have a few periodic payments that you make to suppliers. You benefit from having more financial resources to pay suppliers upon delivery without worrying about the time it takes to manufacture and sell. Your suppliers are also not involved in raising finance and they receive payment as per contract. This solution is priced relatively cheaper than a general overdraft and is easy to use. Transaction process for invoice finance 2. Request, commercial invoice + evidence of shipment Buyer 4. Debit buyer on maturity Buyer s bank 1. Deliver goods and invoice 1. The Seller delivers goods and invoices the buyer (our customer). Seller 3. Disburse loan proceeds directly 2. Our customer requests a drawdown on their invoice finance facility with Standard Bank by submitting copies of the commercial invoice and proof of shipment. 3. Standard Bank draws down on short-term loan facility and makes payment directly to the supplier s bankers. 4. On maturity, the loan is settled by the buyer, primarily from proceeds of sale of goods. 4 5
4 Transaction process for supplier chain finance Ongoing contract of purchase and sale between buyer and suppliers 1. Purchase order raised Buyer 2. Supplier delivers goods and presents invoices 3. Supplier sends discounting request to buyer for acceptance Seller Supplier chain finance reverse factoring Supplier finance/reverse factoring is aimed at leveraging on your financial strength as a buyer to enable Standard Bank to pay or facilitate payment of, amounts due to your strategic suppliers that are critical to supply chain. This solution is suitable for buyers with large-scale operations and numerous suppliers who provide vital inputs into your business. Leveraging our experience in supplier chain finance, you derive benefits; Working Capital optimization through payments and receipts matching; The extension of the payment terms provides the buyer with the ability to optimize their working capital by matching the receipt of funds with their payment obligations. Extension of days payable outstanding The buyer is able to extend its credit repayment terms thereby meeting their primary objective cheaper than if they were to borrow on their own. Liquidity & Working capital efficiencies The strategic suppliers are able to experience an acceleration of receipts resulting to positive cash balances which they can use continue running their business operations. Cheaper funding The suppliers are able to get better funding rates on the strength of the buyer company s balance sheet. Improve the efficiency of payments and reconciliations. Time R 7. Settlement by buyer at invoice maturity date for full invoice value Buyer s bank Procurement initiation 4. Buyer provides accepted disounting request to supplier 5. Supplier presents invoice schedules and discounting request to Standard Bank 6. Standard Bank pays suppliers discounted invoice value on day Discount date R0 Interest cost borne R95 A R100 by supplier 7 6 7
5 Solutions Private for Buyers Equity Connecting Africa and the world Why Standard Bank? With over 150 years experience, representation in 19 countries in Africa and key financial centres, Standard Bank is best equipped to connect your company to Africa and to the world. We have a comprehensive product range of trade and cash management products to ensure your working capital requirements are met. Whether the underlying trade is settled by advance payment, a letter of credit, import collection or open account, we have the right trade financing solutions for your business. Due to regional and in-country regulations, there may be differences in offerings across geographies. Please contact your Standard Bank Relationship Team to help you navigate complex regulatory environments and provide the best solutions for your needs. Our Africa footprint and local expertise ensure that your business can enjoy market insights and end-to-end solutions. With a track record of delivery and convenient access to up-to-date technology and a dedicated workforce, we service your needs through robust channels and extensive correspondent networks. An award-winning trade finance team. Presence in pools of capital in deveoped markets. Presence in selected emerging markets. 8 9
6 Standard Bank Group Awards and Rankings African Investor 2013 Bank of the Year African Banker 2013 Bloomberg - The World's Top 20 Green Banks 2012 Deal of the Year: Umeme IPO Fixed Income Deal of the Year: Ghana Seawater Desalination Project Overall ranking: 12 Clean-Energy Investments ranking: 17 Reducing Environmental Impact ranking: 15 Environmental Finance Best Global Origination Firm Kyoto Credits. emeafinance African Banking 2013 Best Investment Bank in Africa Best Investment Bank in Angola Best Investment Bank in Ghana Best Investment Bank in Kenya Best Investment Bank in Namibia Best Bank in South Africa Best Investment Bank in South Africa Best Investment Bank in Tanzania Best Investment Bank in Uganda Best Broker in Nigeria Best Asset Manager in Nigeria 10 emeafinance Achievement Awards 2012 Best syndicated loan house in Africa Best sovereign syndicated loan in Kenya Best supranational syndicated loan: Afreximbank Best M&A house in Africa Best M&A deal in Africa: Tiger Brands buys Dangote Flour Mills Best corporate bond in CEE: Mongolian Mining Corporation Best corporate bond in Africa: JD Group Best local currency bond (shared): Lagos State Government Best IPO in Africa 2012: Umeme Limited Best follow-on funding in Africa: Flour Mills of Nigeria Best securtisation house in Africa Best securitisation deal in EMEA: SA Home Loans emeafinance Project Finance 2012 Best project finance house in Africa Best natural resources deal in EMEA: Konkola Deep Mining Project, Zambia Best natural resources deal in Africa: Sephaku cement project, South Africa Best PPP deal in EMEA: The Eurasia Tunnel, Turkey Best telecoms deal in EMEA: MTN Ghana's network expansion Best water deal in Africa: Desalination plant, Ghana emeafinance Treasury Service 2013 Best treasury services in Africa Best transactional bank for financial institutions in Africa 11
7 Standard Bank Group Awards and Rankings Global Finance World s Best Sub-Custodian Banks 2013 Best Subcustodian in Nigeria, Stanbic IBTC Bank Newsweek 2012 Standard Bank ranked as South Africa s greenest company Global Investor 2013 Best Sub-Custodian of the Year, South Africa PMR.africa 2013 Diamond Arrow (highest ranking) award in the PMR South African survey of corporate users of foreign exchange Global Trade Review 2012 Best Deal: African Minerals Limited Export Project Finance Deals of the Year 2012 African Mining Deal of the Year: Konkola Copper GTR Africa Leaders in Trade 2013 Best local trade finance bank in Sub-Saharan Africa (overall): Standard Bank Best local trade finance bank in East Africa: Stanbic/Standard Bank Best local trade finance bank in the DRC: Stanbic Best local trade finance bank in South Africa: Standard Bank GTR Leaders in Trade 2013 Best Trade Bank in Sub-Saharan Africa PWC survey ranked1 st Risk South Africa 2013 ranked 1 st Corporate Banking in South Africa Foreign Exchange Trading in South Africa Commodities Trading in South Africa Electronic Banking wholesale in South Africa Trade Finance in South Africa Sub-Saharan Non-Rand Products in the following Asset Classes: Interest Rate products Foreign Exchange products Equity products Risk Awards 2014 Global Emerging Markets Dealer of the Year 12 Sunday Times/TNS Top Brands survey Ranked number 1 in the consumer banking category in South Africa 13
8 Standard Bank Group Awards and Rankings Forbes Global Top 500 Banking Brands 2013 The most valuable banking brand in Africa Euromoney Awards of Excellence 2013 Best Investment Bank in Africa Best Bank in South Africa Best Risk Adviser in Africa Best Equity House in Africa FM Top Companies 2013 Global Finance World s Best Investment Banks 2013 Standard Bank Group Ltd has ranked in the Top 10 South African Giants Best Investment Bank in South Africa Best Investment Bank in Angola Euromoney Deals of the Year 2012 Euromoney s Real Estate Survey 2013 ranked 1st Deal of the Year Award: Joint bookrunner for Namibia s debut USD500 million Eurobond Overall in Nigeria Loan Finance in Nigeria Equity Finance in Nigeria Debt Capital Markets in Nigeria M&A Advisory in Nigeria Overall in South Africa Loan Finance in South Africa Global Finance World s Best Emerging Markets Banks 2013 Global Finance World s Best FX Providers 2014 Best Bank in the DRC Best Bank in Namibia Best Bank in South Africa Best Bank in Uganda Best FX Provider in Africa Country awards for Best FX Provider in Kenya, Nigeria (Stanbic IBTC), Botswana, Zambia and South Africa Euromoney Annual Africa Research Poll 2013 FX Week Best Bank Awards 2013 Best overall research: Economics in Sub-Saharan Africa Best construction/cement research in Sub-Saharan Africa Best oil/gas/chemicals/ petrochemicals research Best property/real estate research Best Bank for South African Rand Global Finance World s Best Trade Finance Banks 2014 Global Finance World s Best Treasury & Cash Management Providers 2014 Best Trade Finance Bank in Africa and South Africa Best Overall Bank for Cash Management in Africa Best Bank for Liquidity Management in Africa Best Provider of Money Market Funds in Africa Best Bank for Payments & Collections in Africa 14 The FT/IFC Sustainable Finance Awards 2013 Sustainable Bank of the Year, Africa and the Middle East Global Finance World s Best Sub-Custodian Banks
9 The Banker Deals of the Year for Africa 2013 Structured Finance: Skye Bank Real Estate Finance Alice Lane M&A: Tiger Brands Equities Lonmin rights issue FM Top Companies 2013 Global Finance World s Best Investment Banks 2013 Standard Bank Group Ltd has ranked in the Top 10 South African Giants Best Investment Bank in South Africa Best Investment Bank in Angola The Banker Top 500 Bank Brand 2013 The Imbasa Yegolide Awards 2013 Ranked number 1 Bank Brand in South Africa and Africa Custodian of the Year, South Africa, Standard Bank Investor Services Global Finance World s Best Emerging Markets Banks 2013 Best Bank in the DRC Best Bank in Namibia Best Bank in South Africa Best Bank in Uganda Trade Finance Awards for Excellence 2013 Best trade bank in sub-saharan Africa Best South African trade bank Global Finance World s Best FX Providers 2014 Best FX Provider in Africa Country awards for Best FX Provider in Kenya, Nigeria (Stanbic IBTC), Botswana, Zambia and South Africa Trade Finance Deals of the Year Awards 2013 Deal of the Year, Tonkolili Deal of the Year, Maurel and Prom Global Finance World s Best Trade Finance Banks 2014 Best Trade Finance Bank in Africa and South Africa Trade & Forfaiting Review 2012 Treasury Management International 2013 Commercial Deal of the Year: Export Trading Group deal Best Risk Management, Africa Best Cash Management, Africa Global Finance World s Best Treasury and Cash Management Providers 2014 Best Overall Bank for Cash Management in Africa Best Bank for Liquidity Management in Africa Best Provider of Money Market Funds in Africa Best Bank for Payments & Collections in Africa World Finance Magazine 2013 Greenfield Deal of the Year Kwale International Sugar Company Limited ( Kiscol ) Global Investor Best sub-custodian in South Africa and Nigeria (2013) 16 17
10 Contact us Contact us for information on international trade services in, for and across Africa. For further information on any of our products and services, contact: Your nearest Standard Bank International Trade Services office Telephone: 0860iTrade/ Visit our website at (select Corporate and Institutions, click on Products and Services, and click on International Trade Services under Transactional Services) 18 Authorised financial services and registered credit provider (NCRCP15) The Standard Bank of South Africa Limited (Registered Bank) Reg. No. 1962/000738/06 SBSA /14 Disclaimer This document has been prepared solely for information purposes by The Standard Bank of South Africa Limited, acting through its Corporate and Investment Bank Division ( SBSA ). Any indicative terms provided to you are provided for your information and do not constitute an offer, a solicitation of an offer, invitation to acquire any security or to enter into any agreement, or any advice or recommendation to conclude any transaction (whether on the indicative terms or otherwise). Any information, indicative price quotations, disclosure materials or analyses provided to you have been prepared on assumptions and parameters that reflect good faith determinations by us or that have been expressly specified by you and do not constitute advice by us and it should not be relied upon as such. The information, assumptions and parameters used are not the only ones that might reasonably have been selected and therefore no guarantee is given as to the accuracy, completeness, or reasonableness of any such information, quotations, disclosure or analyses. No representation or warranty is made that any indicative performance or return indicated will be achieved in the future. This document is not an official confirmation of terms, and any transaction that may be concluded pursuant to this document shall be in terms of and confirmed by the signing of appropriate documentation, on terms to be agreed between the parties. The information in the document is also subject to change without notice. SBSA, or an associated company, may have effected or may effect transactions for its own account in any investment outlined in the document or any investment related to such an investment. Prospective investors should obtain independent advice in respect of any product detailed in this document, as SBSA provides no investment, tax or legal advice and makes no representation or warranty about the suitability of a product for a particular client or circumstance. Transactions described in this material may give rise to substantial risk and are not suitable for all investors. SBSA will only provide investment advice if specifically agreed to by SBSA in appropriate documentation, signed by SBSA. This information is to be used at your own risks, and SBSA makes no representation with regards to the correctness of the information herein.
11 full page pic (no page number) 20
Corporate and Investment Banking. Open Account Trade and Supply Chain Financing Solutions for Sellers
Corporate and Investment Banking Open Account Trade and Supply Chain Financing Solutions for Sellers Standard Bank your trade partner in, for and across Africa Open Account Trade and Supply Chain Financing
More informationCorporate and Investment Banking. An Overview
Corporate and Investment Banking An Overview 1 An African financial services group linking Africa and the world Standard Bank in brief Over 150 years banking experience Universal banking capabilities Operating
More informationCorporate and Investment Banking. Open Account Trade Finance Solutions
Corporate and Investment Banking Open Account Trade Finance Solutions Open Account Trade Finance Solutions Standard Bank your trade partner in, for and across Africa Open Account Trade Finance Solutions
More informationCorporate and Investment Banking. Transactional Products and Services for the Bank Sector. 138402 TPS Bank Sector brochure1.indd 1 2013/05/09 3:29 PM
Corporate and Investment Banking Transactional Products and Services for the Bank Sector 138402 TPS Bank Sector brochure1.indd 1 2013/05/09 3:29 PM 138402 TPS Bank Sector brochure1.indd 2 2013/05/09 3:29
More informationCorporate and Investment Banking. Trading in Chinese Renminbi
Corporate and Investment Banking Trading in Chinese Renminbi Trading in Chinese Renminbi Standard Bank your trade partner in, for and across Africa Trade and payment solutions using renminbi As China-Africa
More informationCorporate and Investment Banking. Cash Management across Africa TURN PAGE
Corporate and Investment Banking Cash Management across Africa TURN PAGE Cash Management Standard Bank your cash management partner in, for and across Africa As Africa emerges onto the global economic
More informationStandard Bank Approach
FINANCING AGRICULTURE & COMMODITY TRADE Standard Bank Approach Presented by: Douglas Joseph Turkson Outline Standard Bank/Stanbic Bank: Who Are We? Overview Standard Bank is the largest bank in Africa
More informationInvestment forum on Phase II of the LHWP. Maseru (Lesotho) 14 July 2014
Investment forum on Phase II of the LHWP Maseru (Lesotho) 14 July 2014 Private and confidential About Standard Lesotho Bank 2 3 4 Standard Bank Overview 5 Key points Full Service Corporate & Investment
More informationyour automated e-trading solution
Corporate and Investment Banking Global Foreign Exchange emarkettrader pic emarkettrader your automated e-trading solution Your answer to faster and more cost-effective trading Not since the advent of
More informationInvestors on the JSE Limited have recently been able to invest in an exciting new type of financial product known as Share Instalments.
Instalments pic Investors on the JSE Limited have recently been able to invest in an exciting new type of financial product known as Instalments. What are Instalments? Instalments are instruments that
More information½ a mark for rounding up (6 marks) (b) There are a number of costs to the business associated with holding inventory:
EDI LCCI IQ ON DEMAND AWARD IN BUSINESS FINANCE AND BANKING OPERATIONS SAMPLE LEVEL 4 MARKING SCHEME DISTINCTION MARK 75% CREDIT MARK 60% PASS MARK 50% TOTAL 100 MARKS QUESTION 1 (a) Inventory days Receivable
More information1 Regional Bank Regional banks specialize in consumer and commercial products within one region of a country, such as a state or within a group of states. A regional bank is smaller than a bank that operates
More informationCorporate and Investment Banking. Trading with confidence with bank guarantees
Corporate and Investment Banking Trading with confidence with bank guarantees 1 Bank Guarantees Standard Bank your trade partner in, for and across Africa Trading with confidence with bank guarantees Requesting
More informationTelegraphic transfers and bank drafts
Telegraphic transfers and bank drafts Businesses and individuals frequently need to transfer funds abroad in payment of goods or services provided by an overseas supplier. These transfers are a convenient
More informationNewsletter Edition 4 February 2015
FMDQ SPOTLIGHT Newsletter Edition 4 February 2015 Contents New Stories o FMDQ e-markets Launch o Nigeria s FX Market Changes to Order-Based 2-Way Quote System o Registration Members Visibility o FMDQ Presents
More informationCorporate and Investment Banking AfricaPalladium, AfricaPlatinum and AfricaGold Exchange Traded Funds Fact Sheet
Corporate and Investment Banking AfricaPalladium, AfricaPlatinum and AfricaGold Exchange Traded Funds Fact Sheet AfricaPalladium, AfricaPlatinum and AfricaGold Exchange Traded Funds AfricaPalladium ETF
More informationSmall and Medium Enterprises
Small and Medium Enterprises YOUR LOANS Small and Medium Enterprises Financing Products for Your Business A consumer education programme by: contents 1 Introduction 2 The right product for the right purpose
More informationi T-bill (dy) = $10,000 - $9,765 360 = 6.768% $10,000 125
Answers to Chapter 5 Questions 1. First, money market instruments are generally sold in large denominations (often in units of $1 million to $10 million). Most money market participants want or need to
More informationPresentation to the KZN Exporter Week
Presentation to the KZN Exporter Week Chris Thirion Stakeholder Management & Marketing 17 November 2014 ECIC Environment Self-sustained state-owned public entity registered as a Schedule 3 (b) business
More informationWeb. Chapter FINANCIAL INSTITUTIONS AND MARKETS
FINANCIAL INSTITUTIONS AND MARKETS T Chapter Summary Chapter Web he Web Chapter provides an overview of the various financial institutions and markets that serve managers of firms and investors who invest
More informationCommercial Customer Foreign Currency accounts
Commercial Customer Foreign Currency accounts A Customer Foreign Currency account is a useful mechanism for managing the flows of foreign currency. Customer Foreign Currency accounts Companies active in
More informationCIMA F3 Course Notes. Chapter 3. Short term finance
CIMA F3 Course Notes c Chapter 3 Short term finance Personal use only - not licensed for use on courses 31 1. Conservative, Aggressive and Matching strategies There are three over-riding approaches to
More informationIpx!up!hfu!uif Dsfeju!zpv!Eftfswf
Ipx!up!hfu!uif Dsfeju!zpv!Eftfswf Credit is the lifeblood of South Louisiana business, especially for the smaller firm. It helps the small business owner get started, obtain equipment, build inventory,
More informationIt is concerned with decisions relating to current assets and current liabilities
It is concerned with decisions relating to current assets and current liabilities Best Buy Co, NA s largest consumer electronics retailer, has performed extremely well over the past decade. Its stock sold
More informationMaturity The date where the issuer must return the principal or the face value to the investor.
PRODUCT INFORMATION SHEET - BONDS 1. WHAT ARE BONDS? A bond is a debt instrument issued by a borrowing entity (issuer) to investors (lenders) in return for lending their money to the issuer. The issuer
More informationINDEX. Page. Directory 3. Important Notice 4. Background 6. The Waratah Structure 8. Summary of Terms 8. The Issuer 9. Commercial Paper Notes 9
A$5,000,000,000 Asset Backed Commercial Paper Programme Servicing Agent & Sponsor Dealers Commonwealth Bank of Australia Macquarie Bank Limited Westpac Banking Corporation August 2009 INDEX Page Directory
More informationInvoice Factoring, Debtors Discounting and Trade Finance are bridging facilities using your debtors, stock or movable assets to raise cash.
Dear Sir / Madam, Re Bridging Facilities Invoice Factoring, Debtors Discounting and Trade Finance are bridging facilities using your debtors, stock or movable assets to raise cash. A key element is that
More informationPURCHASE SALE. Customised Solutioning and Advisory Services. Global Transaction Services Simplified Banking. Customised Solutions
Customised Solutioning and Advisory Services ING Vysya Bank offers advisory services relating to FEMA, EXIM Policy, URC, UCPDC, URDG, ECA Financing and ECGC through vastly experienced trade finance practitioners
More informationWorkshop Agenda Certified Commodities Analyst OBJECTIVE KEY AREAS FOCUS WHO SHOULD ATTEND. About your trainer UNIQUE MARKETS SPOT COMPLEX
markets are one of the more diverse markets in the capital markets arena and feature in investment portfolios in an increasing manner although traditionally they are traded in physicals taking in the whole
More informationFinancing Your Dream: A Presentation at the Youth Business Linkage Forum (#EAWY2014) Akin Oyebode Head SME Banking, Stanbic IBTC Bank, Nigeria.
Financing Your Dream: A Presentation at the Youth Business Linkage Forum (#EAWY2014) Akin Oyebode Head SME Banking, Stanbic IBTC Bank, Nigeria. Content 1 Introduction 2 Profit and loss Account or Income
More informationInvestment Education Series
Investment Education Series Types of Investment Funds Introduction Investment fund basically refers to a pool of funds, but our focus in this edition of GTBAM education series is to highlight the features,
More informationTHE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED INTEGRATED BANKING SOLUTIONS. DATE: 09 Feb 2011
THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED INTEGRATED BANKING SOLUTIONS DATE: 09 Feb 2011 Coverage HSBC India Overview Section 1 Corporate Banking Solutions Factoring and Open Account Finance
More informationProduct Offering. Trade finance Invoice Discounting Bridge Funding Asset Based lending Distressed Asset Purchases
Product Offering Trade finance Invoice Discounting Bridge Funding Asset Based lending Distressed Asset Purchases Why CTF? Fast credit assessment and payout Less reliant on historical performance No long-term
More informationAppraisal A written analysis prepared by a qualified appraiser and estimating the value of a property
REAL ESTATE BASICS Affordability Analysis An analysis of a buyer s ability to afford the purchase of a home, reviews income, liabilities, and available funds, and considers the type of mortgage a buyer
More informationIt is concerned with decisions relating to current assets and current liabilities
It is concerned with decisions relating to current assets and current liabilities Best Buy Co, NA s largest consumer electronics retailer, has performed extremely well over the past decade. Its stock sold
More information2013 Third Quarter Review October 25, 2013 1
October 25, 213 1 Panalpina Group October 25, 213 213 Third Quarter Review October 25, 213 2 Highlights and key figures Operating and financial review Outlook Growth in profitability and margins in the
More informationOnline Share Trading Currency Futures
Online Share Trading Currency Futures Wealth warning: Trading Currency Futures can offer significant returns BUT also subject you to significant losses if the market moves against your position. You may,
More informationCredit Suisse Tailored Loan and Options Facility Terms and Conditions
Dated 4 June 2013 Issued by Credit Suisse Investment Services (Australia) Limited (ABN 26 144 592 183 AFSL 370450) Credit Suisse Tailored Loan and Options Facility Terms and Conditions 1. OPTIONS FACILITY...
More informationMoney Market. The money market is the market for low-risk, short-term debt.
Money Market The money market is the market for low-risk, short-term debt. 1 Substitution Different money-market assets are close substitutes. Since an investor in the money market can choose which asset
More informationOptimizing Payment Cycles for Trade Payables and Receivables
Optimizing Payment Cycles for Trade Payables and Receivables Houston Treasury Management Association Space City Cash Conference September 2013 Madeline Sprague, HSBC Bank USA, N.A. Global Trade & Receivables
More informationasset classes Understanding Equities Property Bonds Cash
NEWSLETTER Understanding asset classes High return Property FIND OUT MORE Equities FIND OUT MORE Bonds FIND OUT MORE Cash FIND OUT MORE Low risk High risk Asset classes are building blocks of any investment.
More informationUnlocking the Value through Supply Chain Finance Erste Group Banca Comerciala Romana Mannheim, 3rd of May 2012
Unlocking the Value through Supply Chain Finance Erste Group Banca Comerciala Romana Mannheim, 3rd of May 2012 Valentin Galatanu Executive Director Transaction Banking Unlocking the Value through Supply
More informationGetting Started in Shares. Brought to you by: JSE Limited & Online Share Trading
Getting Started in Shares Brought to you by: JSE Limited & Online Share Trading Topics of discussion What is investing Asset classes Understanding the share market Why the share market Risk Develop an
More informationAFFECTED PERSON means a body corporate, foundation, trust or partnership operating in the Republic, or an estate, in respect of which:
A. Definitions ADLA means an Authorised Dealer in foreign exchange with limited authority, which include Bureaux de Change, who are authorised by the Treasury to deal in foreign exchange for the sole purpose
More informationConceptual Framework for Financial Reporting
Conceptual Framework for Financial Reporting Chapter 1: The Objective of Financial Reporting INTRODUCTION OB1. The first chapter of the conceptual framework establishes the objective of general purpose
More informationMADISON GENERAL INSURANCE COMPANY (Z) LIMITED (MGen) EXPORTING INSURANCE SERVICES TO TANZANIA: EXPERIENCE AND CHALLENGES
MADISON GENERAL INSURANCE COMPANY (Z) LIMITED (MGen) EXPORTING INSURANCE SERVICES TO TANZANIA: EXPERIENCE AND CHALLENGES INTRODUCTION Zambia is a landlocked country in Southern Africa. The neighboring
More informationNewGold Exchange Traded Fund
NewGold Exchange Traded Fund NewGold ETF is one of the simplest and cost-efficient methods for investors to invest directly in physical gold. Exchange traded funds (ETFs) are open-ended passive investment
More informationSupply Chain Finance. 16 June 2009 Brussels
Supply Chain Finance 16 June 2009 Brussels 2 Avarina Miller Senior Vice President Demica Ltd, London 3 About Demica UK based specialist in working capital solutions with current focus on trade receivables
More informationCurrent liabilities - Obligations that are due within one year. Obligations due beyond that period of time are classified as long-term liabilities.
Accounting Fundamentals Lesson 8 8.0 Liabilities Current liabilities - Obligations that are due within one year. Obligations due beyond that period of time are classified as long-term liabilities. Current
More informationOnline Share Trading Currency Futures
Online Share Trading Currency Futures pic Currency Futures Introduction Currency futures contracts can be hard-working additions to any investor s or trader s portfolio. They provide a way to hedge the
More informationFinancial Statements
Financial Statements The financial information forms the basis of financial planning, analysis & decision making for an organization or an individual. Financial information is needed to predict, compare
More informationIndian Accounting Standard (Ind AS) 7 Statement of Cash Flows
Contents Indian Accounting Standard (Ind AS) 7 Statement of Cash Flows Paragraphs OBJECTIVE SCOPE 1 3 BENEFITS OF CASH FLOW INFORMATION 4 5 DEFINITIONS 6 9 Cash and cash equivalents 7 9 PRESENTATION OF
More informationWealth Management Education Series. Explore the Field of Investment Funds
Wealth Management Education Series Explore the Field of Investment Funds Wealth Management Education Series Explore the Field of Investment Funds Managing your wealth well is like tending a beautiful formal
More informationBill Discounting. Exporter. Importer BANKING AND TRADE FINANCE TUTORIAL. Importer s Bank. Exporters Bank INDIA FOREX ADVISORS.
Bill Discounting While discounting a bill, the Bank purchases the bill receivable to the Exporter (i.e. Bill of Exchange or Promissory Note) before its due date and credits the value of the bill to the
More informationAccounts Payable are the total amounts your business owes its suppliers for goods and services purchased.
Accounts Payable are the total amounts your business owes its suppliers for goods and services purchased. Accounts Receivable are the total amounts customers owe your business for goods or services sold
More informationInternational Sales Finance Solutions
International Sales Finance Solutions Global Transaction Services Cash Management Trade Services and Finance Securities Services Fund Services International Sales Finance Solutions Financing Tools to Support
More informationINVESTMENT DICTIONARY
INVESTMENT DICTIONARY Annual Report An annual report is a document that offers information about the company s activities and operations and contains financial details, cash flow statement, profit and
More informationRANBAXY EGYPT COMPANY (L.L.C.) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2015 TOGETHER WITH AUDITOR S REPORT
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2015 TOGETHER WITH AUDITOR S REPORT Translation of Auditor s report AUDITOR S REPORT TO THE SHAREHOLDERS OF Report on the Financial Statements We have audited
More informationIntroduction. pic. Top warrant markets include Germany, Switzerland, Italy, Australia, Hong Kong and the United Kingdom.
Corporate Warrants and Investment Banking pic Contents Introduction 2 What is a warrant? 3 Benefits at a glance 4 Pricing and valuation 9 What are the risks? 12 Barrier warrants 15 Turbos 18 Warrants versus
More informationProcurement and Logistics Service. Overcoming the challenges and complexities of international business
Procurement and Logistics Service Overcoming the challenges and complexities of international business There are massive benefits in expanding your organisation into new international territories. You
More informationA Simple Approach to Business Loans and Cash Management
A Simple Approach to Business Loans and Cash Management Christine Ho Vice President SME Banking 11 February 2009 Operating Cycle Liquidity Liquidity Management Management Working Capital Working Capital
More informationLAW ON FOREIGN EXCHANGE OPERATIONS
LAW ON FOREIGN EXCHANGE OPERATIONS This Law shall govern: (Consolidated) 1 I. BASIC PROVISIONS Article 1 1) payments, collections and transfers between residents and non-residents in foreign means of payment
More informationNEPAL ACCOUNTING STANDARDS ON CASH FLOW STATEMENTS
NAS 03 NEPAL ACCOUNTING STANDARDS ON CASH FLOW STATEMENTS CONTENTS Paragraphs OBJECTIVE SCOPE 1-3 BENEFITS OF CASH FLOWS INFORMATION 4-5 DEFINITIONS 6-9 Cash and cash equivalents 7-9 PRESENTATION OF A
More information2013 Second Quarter Review July 26, 2013 1
213 Second Quarter Review July 26, 213 1 Panalpina Group Basel, July 26, 213 213 Second Quarter Review 213 Second Quarter Review July 26, 213 2 Highlights and key figures Operating and financial review
More informationBusiness Studies - Financial Planning and Management Study Notes. Financial Planning and Management Study Notes:
Business Studies - Financial Planning and Management Study Notes Financial Planning and Management Study Notes: The Role of Financial Planning: The strategic role of financial management: Organisational
More information1. Planning - Establishing organizational goals and deciding how to accomplish them
1 : Understanding the Management Process Basic Management Functions 1. Planning - Establishing organizational goals and deciding how to accomplish them SWOT analysis - The identification and evaluation
More informationAlternatives for Monetizing Trade Payables (or Receivables)
Alternatives for Monetizing Trade Payables (or Receivables) Massimo Capretta Massimo Capretta Chicago +1 312 701 8152 mcapretta@mayerbrown.com This article was published previously in Treasury & Risk Magazine.
More informationWhen firms need to raise capital, they may issue securities to the public by investment bankers.
CHAPTER 3. HOW SECURITIES ARE TRADED When firms need to raise capital, they may issue securities to the public by investment bankers. Primary market is a market for new securities. Secondary market is
More informationBusiness Online Information Security
Business Online Information Security pic Reducing your risk and ensuring your information is secure Due to the nature of the transactions you perform using the Business Online service, it is important
More informationSri Lanka Accounting Standard-LKAS 7. Statement of Cash Flows
Sri Lanka Accounting Standard-LKAS 7 Statement of Cash Flows CONTENTS SRI LANKA ACCOUNTING STANDARD-LKAS 7 STATEMENT OF CASH FLOWS paragraphs OBJECTIVE SCOPE 1 3 BENEFITS OF CASH FLOW INFORMATION 4 5 DEFINITIONS
More information} } Global Markets. Currency options. Currency options. Introduction. Options contracts. Types of options contracts
Global Markets Currency options Currency options Introduction Currency options have gained acceptance as invaluable tools in managing foreign exchange risk. They are extensively used and bring a much wider
More informationINTRODUCTION WHAT IS A STOCK EXCHANGE? A Stock Exchange is an organized market in securities (shares, stocks and bonds).
INTRODUCTION A lot of people may be asking the question: "What exactly is a Stock Exchange?" If you have such a question on your mind, you are not alone, because Stock Exchange is new to Ghana even though
More informationWealth Management Education Series. Cultivate an Understanding of Bonds
Wealth Management Education Series Cultivate an Understanding of Bonds Wealth Management Education Series Cultivate an Understanding of Bonds Managing your wealth well is like tending a beautiful formal
More informationLiberty Africa Insurance
Highlights Opened a life insurance business in Zambia Liberty Online was implemented in three countries and enhanced business integration in East A new short-term administration system was implemented
More informationWealth Management Education Series. Explore the Field of Mutual Funds
Wealth Management Education Series Explore the Field of Mutual Funds Wealth Management Education Series Explore the Field of Mutual Funds Managing your wealth well is like tending a beautiful formal garden
More informationREADING 1. The Money Market. Timothy Q. Cook and Robert K. LaRoche
READING 1 The Money Market Timothy Q. Cook and Robert K. LaRoche The major purpose of financial markets is to transfer funds from lenders to borrowers. Financial market participants commonly distinguish
More informationLearning Objectives: Quick answer key: Question # Multiple Choice True/False. 14.1 Describe the important of accounting and financial information.
0 Learning Objectives: 14.1 Describe the important of accounting and financial information. 14.2 Differentiate between managerial and financial accounting. 14.3 Identify the six steps of the accounting
More informationExplore the Field of Mutual Funds
Wealth Management Education Series How can we help you further? Do you have a question on what you have just read? Would you like to have a further discussion on this subject? Contact your Relationship
More informationCalculating financial position and cash flow indicators
Calculating financial position and cash flow indicators Introduction When a business is deciding whether to grant credit to a potential customer, or whether to continue to grant credit terms to an existing
More informationSingle Stock Futures ( SSF ) Simple and constant gearing
Single Stock Futures ( SSF ) Simple and constant gearing 1 Content Situation 3 Simple geared share trading simple constant gearing single stock futures Solution 4 What are single stock futures? 5 Gearing
More informationNOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (For consolidated balance sheets) (As of March 31, 2007) (As of March 31, 2008) 1. *1 Accumulated depreciation of property, plant and equipment 4,349,349 The
More informationSanlam itrade CFD Brochure
Sanlam itrade CFD Brochure What are CFDs? In a nutshell a CFD (Contract For Difference) is an unlisted instrument that is an agreement between a buyer and a seller to exchange the difference in value of
More informationDowner Group 2014 Full Year Results. 5 August 2014
Downer Group 2014 Full Year Results 5 August 2014 Financial overview Earnings Net Profit After Tax (NPAT) $216.0 million, up 5.9%1 Earnings Before Interest and Tax (EBIT) $341.1 million, down 4.9% 1 Return
More informationChapter Sources of Short-Term Financing
Chapter Sources of Short-Term Financing Chapter 8 - Outline PPT 8-2 Sources of Short-Term Financing Trade Credit from Suppliers Net Credit Position Chartered Banks in Canada Types of Short-term Loans Interest
More informationBenjamin Mugisha Resident Underwriter African Trade Insurance Agency (ATI) Central, East & Southern Africa
Benjamin Mugisha Resident Underwriter African Trade Insurance Agency (ATI) Central, East & Southern Africa Place your company logo here (i.e. replace the Spintelligent logo with your company s logo). NB:
More informationlocation of optional horizontal pic Corporate and Investment Banking Business Online Information Security
location of optional horizontal pic Corporate and Investment Banking Business Online Information Security Business Online Information Security Risk reduction: Ensuring your sensitive information is secure
More informationA new landmark in trading
A new landmark in trading DERIVATIVES MARKET Equity Derivatives Dividend Futures www.jse.co.za Johannesburg Stock Exchange The JSE in collaboration with Deutsche Bank and Investec Capital Markets is launching
More informationwww.mfactors.co.za FACTORING TRADE FINANCE BRIDGING FINANCE
www.mfactors.co.za FACTORING TRADE FINANCE BRIDGING FINANCE Who is Merchant Factors? Merchant Factors was founded in 1998 by our CEO, Johnny Philippou. It had become quite evident at the time that most
More informationChapter 16: Financial Risk Management
Chapter 16: Financial Risk Management Introduction Overview of Financial Risk Management in Treasury Interest Rate Risk Foreign Exchange (FX) Risk Commodity Price Risk Managing Financial Risk The Benefits
More informationInvestment Management Services. Botswana
Investment Management Services Botswana 01 STANLIB Investment Management Services 02 STANLIB Botswana Money Market Fund 03 STANLIB Botswana Managed Prudential Fund 04 STANLIB Botswana Equity Fund 05 General
More information33 Financial risk management and supplementary disclosures regarding financial instruments
33 Financial risk management and supplementary disclosures regarding financial instruments Swisscom is exposed to various financial risks resulting from its operating and financial activities. The most
More informationCH 23 STATEMENT OF CASH FLOWS SELF-STUDY QUESTIONS
C H 2 3, P a g e 1 CH 23 STATEMENT OF CASH FLOWS SELF-STUDY QUESTIONS (note from Dr. N: I have deleted questions for you to omit, but did not renumber the remaining questions) 1. The primary purpose of
More informationMTN Business Solutions. Angela Gahagan - Thomson Managing Director
MTN Business Solutions Angela Gahagan - Thomson Managing Director Agenda Overview ISP / Mobile Integration / Innovation Business approach Looking forward 2 ISP vs mobile Similarities Licences (IECNS &
More informationIGAS 3. Cash Flow Statements. Government Accounting Standards Advisory Board. Contents
Cash Flow Statements Government Accounting Standards Advisory Board Contents Description Page Number 1. Introduction 3 2. Objective 3 3. Scope 3 4. Benefits of Cash Flow Information 4 5. Definitions 4
More informationKingdom of Saudi Arabia Capital Market Authority. Investing in the Stock Market
Kingdom of Saudi Arabia Capital Market Authority Investing in the Stock Market Background Saudi joint-stock companies started their business in the mid 1930s when the Arab Automobile Company was established
More informationContent. Executive Summary. What is a CFD? Who are the participants? Advantages of trading CFDs. Features and benefits of CFDs. Reasons for using CFDs
Corporate Retail Contracts and Investment for Difference Banking Content Executive Summary What is a CFD? Who are the participants? Advantages of trading CFDs Features and benefits of CFDs Reasons for
More informationAGREEMENT. between the Ministry of Finance and Central Bank Iceland on Treasury debt management
AGREEMENT between the Ministry of Finance and Central Bank Iceland on Treasury debt management 1. Foundation of the Agreement Pursuant to Article 1 of the Act on the Government Debt Management, no. 43/1990,
More informationEQUITY RAISING ANNOUNCEMENT
EQUITY RAISING ANNOUNCEMENT MARKET RELEASE 21 NOVEMBER 2012 KEY POINTS Entitlement Offer to Raise up to A$80 million o 3 for 10 accelerated non renounceable entitlement offer to raise up to A$80 million
More informationLAW ON FOREIGN EXCHANGE OPERATIONS
LAW ON FOREIGN EXCHANGE OPERATIONS This Law shall govern: (CONSOLIDATED) 1 I. BASIC PROVISIONS Article 1 1) payments, collections and transfers between residents and non-residents in foreign means of payment
More information