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The Covid-19 pandemic has thrown treasury teams around the world into a tailspin. From liquidity concerns to supply-chain breakdowns to fears of an impending global recession, treasury sits at the crossroads of the coronavirus's myriad impacts on multinational businesses. Treasury & Risk is committed to helping readers navigate these turbulent times. We have ramped up our coverage of issues related to the pandemic, and this Instant Insights makes that coverage easier to access. Stay well, readers!

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Entering 2020, corporate treasury professionals were worried. When we published the Treasury & Risk2019 Cash Management Survey” last November, it seemed that “uncertainty in the global economy [was] causing businesses to entrench and build their cash reserves to weather any financial downturn,” according to Hung Nguyen, director of sales North America for BELLIN.

Indeed, that’s what the data showed. Over the course of 2019, cash reserves had grown in 42 percent of organizations, and had grown by more than 10 percent in 2 out of 10 companies. Meanwhile, cash holdings had decreased in only 22 percent of organizations. Stockpiling cash seemed to be a priority for many businesses late last year.


Take this year’s Cash Management Survey (here), and:

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Meg Waters

Meg Waters is the editor in chief of Treasury & Risk. She is the former editor in chief of BPM Magazine and the former managing editor of Business Finance.

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