Three-Layered Cash Pooling in Action

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
Highly Commended

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.

Download our Free Treasury App for mobile and tablet to read articles – no log in required.

Download Version Download Version