There are 11 Standard Chartered branch offices in the UAE.

There are 11 Standard Chartered branch offices in the UAE.

THE STANDARD Chartered bank has presented and discussed with clients its plans to revamp its cash and liquidity management platform during the first quarter of 2013.

During a conference dubbed Managing Liquidity in a Dynamic economic Environment’ senior finance and treasury executives from the bank discussed the various topics including optimisation of cashflow and working capital management.

“Stressed market conditions have led organisations to increasingly focus on Cash and Liquidity Management to support business growth and manage their costs and investments,” said Haytham El Maayergi, Head of Transaction Banking, Standard Chartered UAE.

“Standard Chartered is continuously investing in its capabilities and will launch during the first quarter of 2013 leading solutions that improve efficiency, manage risk and strengthen cash management processes for clients globally and in the region. With deep local expertise and a strong footprint across the world’s most dynamic markets of Asia, Africa and the Middle East, Standard Chartered will continue to be well placed to offer a full range of working capital solutions,” El Maayergi added.

Standard Chartered has been operating in the UAE since 1958 and has the largest distribution network among international banks with 11 branches four Electronic Banking Units and more than 130 ATMs and CDMs.