International cash management review 2010: ICM services in Europe

Euromoney’s annual survey of the ICM services available in Europe covers 20 banks: Bank of America Merrill Lynch, Barclays Bank, BBVA, BNP Paribas, Citi, Commerzbank, Danske, Deutsche Bank, HSBC, ING Bank, J.P. Morgan, KBC Bank, Nordea, RBS, RZB, Santander, SEB, Société Générale, Standard Chartered Bank and UniCredit.

Also in this section:
Global network banks
ICM services in Europe
ICM services in North America
ICM services in Latin America
ICM services in Asia-Pacific
ICM services in the Middle East and Africa
The banking clubs






The survey results for Europe given in Table 2 show: (click here to see Table 2: International cash management services in Europe 2010)

  • A variety of ICM strategies for the region, from providing integrated treasury, liquidity and credit solutions, to being the leading cash management services bank

  • Only six of the banks have their own branches in 10 or more countries in the eurozone; all the rest, except Standard Chartered, have combined own branch and partner bank coverage in at

    least nine

  • Overage of the rest of Western Europe varies considerably

  • UniCredit has by far the highest coverage of Central and Eastern Europe with its own branches in 19 countries, its closest rivals RZB and Société Générale in 13

  • All but one of the banks are direct members...

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