Euromoney polled treasurers and financial officers at 3000 non financial corporations. We received 415 replies from 40 countries. Of these 318 answered questions relating to international cash management services and 275 answered questions relating to service provision in their home countryonly. Respondents in both cases were asked to indicate:
Which three banks they currently used for their cash management services
Which three banks, in their opinion, provided the best cash management services overall
To rate services provided by their lead cash manager on a sliding scale of 1=excellent; 2=very good; 3=good; 4=satisfactory; 5=very poor. The average score for each category was then taken and converted into a percentage for each bank and category.
Scores were calculated on an unweighted 4:3:2 basis for first, second and third place respectively. Weighted scores were also calculated as follows:
1. Operating revenue greater than $10 billion - a factor of two was applied.
2. Operating revenue of $2.5billion to $9.99 billion - a factor of 1.5 was applied.
3. Operating revenue of less than $2.5 billion - no weighting applied.
Treasurers' votes are aggregated to include subsidiaries and regions where appropriate. For those respondents responsible for their company's global cash management operations, no other votes were included for that organization. A maximum of two votes from non-overlapping regions of the same organization were allowed for inclusion.
Geographical breakdown of all replies received (figures in brackets for 2001): Asia 40% (34%), Europe 40% (42 %), North America 16% (21%), Latin America 2% (2%), Middle East 2% (1%)
Further breakdowns by region, and for purely domestic cash management providers, will be made available shortly on www.euromoney.com
Please direct all comments and questions to Andrew Newby, Head of research, firstname.lastname@example.org, +44 (0)20 7779 8694.