CIMC and BMG ink multi-entity, multi-currency, notional cash deal
China International Marine Containers (CIMC) and Bank Mendes Gans (BMG), a member of the ING Group, began the implementation of a global liquidity management solution.
CIMC and BMG inked a deal mandating a global liquidity management solution for the container company’s non-China businesses in November. The company has begun to implement the system with its entities in Australia, the US, Hong Kong, France, and Germany.
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