Yasmin Masithela discusses the importance of transaction banking for corporate clients
Transactional Banking is a critical part of Absa Corporate and Investment Banking’s offering to corporate clients. Yasmin Masithela, Managing Executive: Transactional Banking, explains why.
- Absa Corporate and Investment Banking (CIB) is stepping up its capabilities in Transactional Banking to respond to ever changing client needs.
- Clients want to onboard with their banking partner faster and ensure that their day-to-day business needs are addressed with their banking partner at their side.
- They are also looking for risk management solutions to manage their own risk, and they are looking for liquidity management and day-to-day working capital solutions, as well as growth solutions.
- Transactional banking draws these elements together with a focus on the day-to-day operations of a business.