Achieving Multi-Bank Efficiency in China
by Jackson Xu, Regional Treasurer, Alstom
Alstom is a global leader in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Present in more than 100 countries worldwide, Alstom generated 2011/2 sales of €19.9bn and employs more than 92,000 people. The company has been investing in China for over 50 years, with 33 Chinese entities, mostly located in eastern China. At BNP Paribas’ Cash Management University, Jackson Xu, regional treasurer of Alstom, explained how the company is addressing the challenges of a multi-bank environment in China using innovative technology provided by BNP Paribas.