Innovative Banking Services for Centralised Corporate Cash Management

Walter, György and Kenesei, Balázs (2015) Innovative Banking Services for Centralised Corporate Cash Management. Public Finance Quarterly = Pénzügyi Szemle, 60 (3). pp. 312-325.

PDF - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader


Corporate cash management is a significant area of classic corporate finance theory and practice. Within a corporate group it is almost impossible to implement centralised cash management without the specialised service of corporate banks or other financial institutions. The objective of the article is to present the growing role of such transaction services within corporate banks’ organisations, and also to group and to analyse the continuously improving and developing “netting”, “cash pool” and “information pool” banking products. It is a clear conclusion, that these services represent one of the most innovative and dynamically developing product-groups of contemporary corporate banks that need to keep up with the globalisation and regional expansion of their clientele. Finally, we present the main risk and regulatory considerations of product implementation.

Item Type:Article
Uncontrolled Keywords:corporate cash management, banking transaction services, cash pool, corporate banking
JEL classification:G15 - International Financial Markets
G21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgages
G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
ID Code:8834
Deposited By: Alexa Horváth
Deposited On:18 Sep 2023 08:02
Last Modified:18 Sep 2023 08:02

Repository Staff Only: item control page


Downloads per month over past year

View more statistics