CRRC partners with Bank of China (Hong Kong) to create a bespoke global cash pool
To ensure the security of overseas funds and to support its international expansion plans, CRRC Corporation’s financial wing, CRRC Hong Kong Capital Management (CRRC-HKCM), created a project with Bank of China (Hong Kong) Limited (BOCHK) to establish a treasury centre in Hong Kong. The practical aim of the centre is to achieve optimal global and local cash visibility and control. With growth plans in the pipeline, CRRC-HKCM and its banking partner deservedly receive a Highly Commended in the 2021 Corporate Recognition Award for Best Cash Pooling Solution.
Corporate Recognition Awards
Best Cash Pooling Solution
CRRC HK Capital Management Co Ltd
Beijing-headquartered CRRC Corporation (CRRC) is the world’s largest supplier of rail transit equipment, with hundreds of wholly-owned and majority-owned subsidiaries in more than 100 countries and regions globally. It comprehensively services the needs of clients with diverse rail equipment, consulting services, industrial investment and management, and asset management.