The “raison d’être” of treasury finds a wonderful example with the current health crisis.
Simply Treasury
MARCH 25, 2020
Treasury, a major discipline in finance. Who could argue that treasury is not one of the major disciplines of finance? When business is more strained, working capital requirements and needs higher, treasury is the necessary lifeline. This health crisis will have serious economic consequences. The companies more exposed, such as air transport, travel, hotels and restaurants, bars, entertainment, cinemas, theatres, trade fairs, etc. will face "cash flow" and treasury problems soon.
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