RMB voted best treasury and cash management bank

Rand Merchant Bank Botswana ( RMB), a division of First National Bank Botswana, has been recognised by Global Finance magazine as the 2021 Best Treasury and Cash Management Bank. “We are extremely proud of Global Finance’s recognition of the long- term value we orchestrate for our clients. With the advent of Covid- 19, the importance of innovative and self- service electronic banking channels that enable multijurisdictional optimisation of liquidity and cash management have become even more vital for corporates,” said Olebile Makhupe, RMB Director. RMB’s launch of multiple country online balance viewing and local and crossborder online payments, including the ability to invest through online channels, has enabled global treasurers to optimise interest on excess funds. Interest expenses are also reduced as a result of balance- automated sweeping and set- off capabilities. “We strive to ensure that our customer experience is always enhanced, and we remain an agile bank that empowers our clients to make the right decisions about their money. To this end, we’re constantly redefining our treasury functions to reduce risk exposure and improve efficiencies through automation,” says Makhupe. “We are happy to have received this accolade alongside South Africa and Namibia as it symbolises our African heritage, strength and the pride we take in doing good business,” concludes Makhupe.