Formica signs up with Bank of America

The bank will provide cash management services for the Asian operations of the US-based surface designer and manufacturer.

Bank of America global treasury services GTS has won the Asia cash management mandate for the Formica group of companies. Formica is a US-based surface designer and manufacturer with offices across Asia.

Bank of America said Formica had previously used another bank and had won the mandate following a competitive exercise.

Bank of America initiated the implementation in Taiwan and is now rolling it out to FormicaƆs five other markets in the region - Korea, Hong Kong, China, Singapore...

To continue reading, please login or register for free

Click for more on: formica | bank of america | cash management

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...