Pursuing Growth and Treasury Efficiency—
Both in the Asia Pacific and Globally

The globalisation of business continues, and whether yours is a multinational corporation targeting Asian markets or an Asia-based corporate looking abroad, Deutsche Bank is committed to partnering with you to help your company do business effectively wherever it finds opportunities. This edition of TreasuryPulse highlights developments that are opening doors to growth and greater treasury management efficiency, both within and beyond the region.

Kaushik Shaparia, Regional Head of Trade Finance & Cash Management, Asia Pacific, Global Transaction Banking at Deutsche Bank, kicks off this edition with a report on Emerging Opportunities in Asia. Shaparia spotlights growth trends in China — thanks to regulatory liberalisation designed to encourage foreign investment — as well as in India and the Association of Southeast Asian Nations (ASEAN) countries. He shares that Asian companies are using supply chain financing techniques to access new sources of liquidity and re-position their borrowing profiles, and reports on the critical role technology is playing in the development of innovative banking solutions in the region.

China is a country of focus for many corporates' Asia strategy. In Making the Most of Treasury Liberalisation in China, Carl Wegner, Greater China Head of Global Transaction Banking at Deutsche Bank, discusses the country's plan to turn Shanghai into a global financial centre by the year 2020. Wegner also points to trade liberalisation reform and how treasurers of companies with substantial activities in China can gain an advantage by participating in pilot schemes such as the foreign currency cross-border cash pooling programme.

Finally, in this edition we also focus on an important opportunity for Asia-based corporates with European subsidiaries: taking advantage of the Single Euro Payments Area (SEPA). On 1 February 2014, all local clearing systems in the eurozone will be replaced by a uniform SEPA payment zone. Mahesh Kini, Regional Head of Cash Management for Corporates, Asia Pacific, Global Transaction Banking at Deutsche Bank, explains Why Asian Companies Should Prepare for SEPA, and how relevant and beneficial SEPA can be for Asian companies with operations in Europe.