Implementing an In-House Bank (IHB) is like preparing a Soufflé. You have to pay attention to the base layer that provides the foundational layer (of intercompany loans) and (savory or sweet) flavor, and you have to focus on the top layer as well, because that is the most challenging part in determining success or failure. While operating an IHB is an indisputable treasury best practice, the success of an IHB to a company depends on the Chef de Maison (Treasurer) in having an eye for detail on the complexity level, timeliness, scope, and technology deployment. Despite the potential challenges that you will face, the time and effort invested in the IHB Soufflé will be worthwhile and rewarding.
- Learn practical approaches and strategies for developing a successful in-house bank
- Apply tried-and-tested steps and best practices for creating an IHB in your organization, starting from a tactical discussion to a strategic enterprise value-add