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transaction banking
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13APR12
Gurinder Nihal:“Transaction banking should be the lifeline of all banking”
Gurinder Nihal VTB Bank, Russia’s second largest bank, last year decided to make transaction business a separate business line, Global Transaction Banking, and invited Gurinder Nihal, a former Royal Bank of Scotland and Citibank top manager, to develop it. Gurinder Nihal, VTB Senior Vice President, told RBC Daily about VTB’s achievements in the transaction business and its further development...
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11OCT12
VTB starts cooperation with Chery Automobile
... international transactions of Chery Automobile Rus, as well as services in currency control, hedging, conversion operations, the placing of deposits and funding. There are plans to expand bilateral cooperation into other areas in the future. VTB Group’s Global Transaction Banking and International Clients Department have jointly developed individual service terms that satisfy the car maker’s requirements to the fullest extent possible and compare favourably with the terms currently offered by other banks. ...
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