Cash & Liquidity Management
Published  3 MIN READ

From Cash Pools to Clean Energy

Triple-Layered Cash Pool Providing China Three Gorges with Overseas Funds Control


Best Cash Pooling Solution – Highly Commended 

When it comes to demonstrating best practice in global cash management, state-owned enterprise is not necessarily the first port of call. But think again. As part of its ‘going global’ journey, China Three Gorges Corporation (CTG), incorporated in 1993 by the Chinese government, has deployed a multilayered pooling system that is a worthy recipient of the TMI 2020 Awards Highly Commended for Best Cash Pooling Solution. 

Developed in partnership with Bank of China (Hong Kong) Limited, the solution perfectly supports CTG’s pathway to rapid growth in overseas investment and business expansion, ensuring full control of overseas cash and enhancing the efficiency of CTG’s treasury management outside of Mainland China.

Concentrating and expanding

CTG’s incorporation by the Chinese government has been part of the project to create a hydroelectric gravity dam spanning the Yangtze River, designed to tame the flood-prone river and to generate clean energy.