The Business Journals’ Post

Our Business Banking team takes the spotlight in a special feature in Insider magazine, showcasing our services and innovative products tailored for businesses. Read more. 👇 #AncoriaBank #BankingRedefined #BusinessBanking

Learn five ways to make the most of your business banking relationship: https://trst.in/6vRbpv #SmallBusiness

"Not one shoe fits all". This can also be said while deciding on an ideal number of banking relationships. For some, 2-3 banks could suffice, while for others even 5-10 banks could be less. Selecting the number of banking relationships depends on the business requirement and it is up to the Treasury team to find the right number depending on the credit requirement of the company. This article by AFP shares insight on optimizing the ideal banking relationship and finding the right fit. Association for Financial Professionals #treasurymanagement #treasury #bankingrelationship #afp

What’s the ideal number of banking relationships? The answer depends on your organization’s unique needs. To figure out what’s best for your organization, make sure you consider these four things: 💰 Your organization’s current credit commitments and future credit needs 🌎 Your organization’s geographic footprint ⚖️ The need to balance the cost of maintaining multiple relationships against concentration risk 💪 The relative strengths and capabilities of each bank Get more tips to optimize your banking relationships: https://hubs.ly/Q02Pxh530

Strengthening Foundations: The Vital Role of Banking Relationships in Business Growth For established businesses, navigating growth and operational challenges is an ongoing journey. Amidst striving for expansion, optimizing operations, and exploring new markets, one critical yet often underestimated factor is the strength of your banking relationship.A robust banking partnership is not just a facilitator of transactions but a cornerstone of strategic growth. It offers a suite of services that are essential for businesses looking to not just survive but thrive in today's competitive landscape. 1. Enhanced Cash Flow Solutions: Effective cash flow management is pivotal for sustained growth. Banks can provide sophisticated cash management tools and services that optimize your working capital and keep your operations running smoothly. 2. Growth Capital: As businesses aim to scale, access to capital becomes crucial. A supportive bank can offer not just traditional loans but also innovative financing solutions tailored to your growth stage and industry. 3. Advisory Services: Benefit from the wealth of knowledge and experience banks have to offer. From risk management to investment advice, banks can provide strategic insights that align with your business objectives. 4. Expanding Networks: Banks often act as connectors in the business community, offering networking opportunities that can lead to new business, partnerships, or even mentorships. 5. Regulatory Guidance: As your business grows, so does the complexity of regulatory compliance. A knowledgeable banking partner can help navigate these waters, ensuring you remain compliant while focusing on your business goals. In essence, the right banking relationship transcends mere financial transactions. It's about partnership and shared growth. For established businesses, this relationship is a strategic asset, providing not just the tools for managing finances but also a platform for growth and innovation.I'm interested to hear from you: How has your banking relationship contributed to your business's success? Let's share experiences and learn from each other. #BusinessGrowth #StrategicPartnerships #FinancialManagement #BusinessBanking #OperationalExcellence

Does your business bank make you feel valued as a customer? Relationship banking is a must. In our latest article, we discuss why personalized service and tailored solutions matter in a banking relationship. Find out how to assess if your bank truly understands your unique business needs by reading the full article: https://bit.ly/3TBuNUK #BusinessBanking #CommercialBanking #BankingInsights

Compared with other fintech segments, business to business banking had a pretty good 2023–thanks in part to the failure of a conventional bank.

Having access to the branch remains the second most important consideration for banking customers when choosing their primary bank. The new branch purpose is decidedly human with more people going to branches to get advice, open accounts, and purchase new products than any other banking channel. #branchbanking

The way things have always been done, is not the way thing ought to continue happening. In a forward motioning world of business, increasing prices may be the wrong move. This Capitec case is interesting in that, we will now watch to see what comes of it. My guess is... All things positive for Capitec. #Innovation #Business

How are you positioning your financial institution to win in the commercial banking space?