Standard Chartered hosted a client conference to discuss trends and issues in liquidity management in Bahrain. The event was attended by over 25 senior finance and treasury representatives of the Bank’s clients. “The event comes at an ideal time when recovery from the quarter one financial slowdown in the Kingdom is underway and the pressure on optimal working capital management and return on investment dictate that surplus cash be put to use,” the bank in a statement said.
The forum focused on how organizations are managing their liquidity needs and position during this period, cash flow pressure and optimal working capital management, covering topics such as Cash flow forecasting, liquidity and working capital management and Control of the flow of Funds.
“Working Capital Management is one of the key issues that companies are looking at to ensure enough liquidity to fund their operations and to maintain a healthy balance sheet. As the first bank in Bahrain, we are continuously committed in being here for our clients to provide them with an ideal platform such as this conference, to network and share our global expertise. It also is part of our continuous efforts to deepen our client relationships and develop further understanding of their business requirements and needs,” Hussain Shirazie, Head of Transaction Banking, Standard Chartered Bahrain said.