East & Partners Australia Commercial Cash & Payments Highlights
(3 April 2024 – Australia) Where are changing priorities among the Australian commercial segment leading corporate treasurers?
East & Partners has released the latest Australia Commercial Cash & Payments service. Based on direct interviews with 900 CFOs and treasurers and running continuously for two decades, key highlights include
“How do banks put in place effective growth strategies for the upcoming 3-5 years? How can banks leverage their strengths in an increasingly competitive market controlled almost exclusively to a great extent by the Big Four, HSBC and Citi?” East & Partners Global Head of Markets Analysis commented on the latest findings.
“Transaction banking account lives are shortening rapidly as middle market enterprises increasingly multibank for Cross Border Payments in particular. Core cash and payments functions continue to remain ‘sticky’ but will we also see a rising incidence of churn in traditionally ‘home banked’ product lines? Voice of the corporate treasurer insights are central to a winning and sustainable growth plan.”
East & Partners Australia Cash & Payments service is out now. Get in touch with us today
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