Treasury Policy
Having an effective treasury policy, and sticking to it, means your organisation will make educated financial decisions, no matter how difficult.
Bancorp Treasury encourages clients to have a formal Treasury Policy. It keeps focus on identifying, assessing, managing and reporting treasury risks. Rather than engaging in potentially risky knee-jerk responses to external influences such as market developments, a policy eliminates crystal ball gazing.
The best kind of policy is one that is carefully integrated with wider organisational culture, objectives and structure. Having a clear, mutually agreed – and enforced – set of rules provides Boards with firm boundaries that aid decision-making in even the most difficult circumstances. Management can respond rapidly because it knows which decisions and actions are acceptable or otherwise.
A Treasury Policy enables Boards and management to have the courage of their own convictions.
