If treasury summits were awarded medals for timing, then FinanceAsia’s third annual Corporate Treasury Summit held in Manila in August would take gold. Market volatility, the downgrade of the US credit rating and the interminable debt crisis in the Euro zone has raised the importance of effective treasury management as never before.
A full-house of 285 delegates was testament to the relevance of the summit, which was addressed by more than a dozen speakers and opened by Aurelio Luis Montinola, president of the Bank of the Philippine Islands BPI. Montinola began on an optimistic note observing that Philippine corporations and banks remained strong, even if the volatile external...
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