BNP Paribas expands cash management business in Thailand

The Bangkok branch of BNP Paribas has partnered with CIMB Thai Bank Public Company CIMB Thai Bank to provide cash management services. Under the agreement, BNP Paribas' local and multinational MNC customers in Thailand will be able to access cash management services throughout CIMB Thai Bank’s branch network in the country.

“This collection service agreement with CIMB Thai Bank allows us to expand our transactional bank offerings in Thailand through its extensive branch networks and local capabilities,” said Indrajeet Maitra, head of cash management for Asia-Pacific at BNP Paribas. “This step forward to offer cash management services, particularly to our MNC customers, is in line with our Asia-Pacific growth strategy.”...