In-house bank: Difference between revisions
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imported>Doug Williamson (Add quote: Source The Group Treasurer: an ACT Guide to the first 100 days) |
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''Corporate treasury organisation''. | |||
(IHB). | (IHB). | ||
In-house bank is a structural corporate treasury role where the central treasury acts as an internal banking facility for the group, all the subsidiaries dealing with the in-house bank. | In-house bank is a structural corporate treasury role where the central treasury acts as an internal banking facility for the group, all the subsidiaries dealing with the in-house bank. | ||
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:"In simple terms, an in-house bank is a centralised treasury function that acts as a bank for an organisation’s subsidiaries. It facilitates various financial services, such as settlements, funding, intercompany lending, liquidity management and FX management and, in doing so, unlocks a host of benefits for the user." | :"In simple terms, an in-house bank is a centralised treasury function that acts as a bank for an organisation’s subsidiaries. It facilitates various financial services, such as settlements, funding, intercompany lending, liquidity management and FX management and, in doing so, unlocks a host of benefits for the user." | ||
:''The Group Treasurer: An ACT guide to the first 100 days.'' | :''The Group Treasurer: An ACT guide to the first 100 days, page 29.'' | ||
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* [[POBO]] | * [[POBO]] | ||
* [[Profit centre]] | * [[Profit centre]] | ||
* [[Treasury organisation]] | |||
[[Category:Treasury_operations]] | [[Category:Treasury_operations]] | ||
Latest revision as of 16:59, 14 October 2020
Corporate treasury organisation.
(IHB).
In-house bank is a structural corporate treasury role where the central treasury acts as an internal banking facility for the group, all the subsidiaries dealing with the in-house bank.
This is a highly centralised arrangement, compared with advisory or agency treasury structures.
- Centralised treasury function
- "In simple terms, an in-house bank is a centralised treasury function that acts as a bank for an organisation’s subsidiaries. It facilitates various financial services, such as settlements, funding, intercompany lending, liquidity management and FX management and, in doing so, unlocks a host of benefits for the user."
- The Group Treasurer: An ACT guide to the first 100 days, page 29.
It is sometimes written 'in house' bank without the hyphen.
