(Australia) – Corporates at all levels are engaging more foreign exchange products and their bankers are showing a consistent improvement in customer satisfaction levels, according to an upcoming research snapshot from East and Partners.Among Australia’s Top 500 corporates, East’s research finds that Forward and Spot FX in particular are increasing in importance for customers, who are also using their secondary bankers for more FX business.
Different banks lead the “league tables” in the two categories, with foreign banks prominent in the Forward FX category.
Mid-corporates – or companies turning over between A$20-100 million a year – are also putting more importance on FX products, notably Forward FX and Spot FX.
East’s research includes detailed performance ratings in these product categories across all banks competing in Australia.
For more information, contact East and Partners at sales@eastandpartners.com.