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Germany, Article:
“It is the matter of pulse beat”
The financial crisis revalues the treasury in a company-
group – counterparty risk is still a challenge for industrial
corporations
Interview
with Mr.
Thomas Schräder
, PwC Germany, Head of
Corporate Treasury Solutions,
Interviewed
by
Sabine Wadewitz,
Börsen-Zeitung, Frankfurt am
Main, Germany, March24, 2015
The capital market environment with low or negative interest rates
and volatile currency exchange rates is a challenge to the treasuries
of the industrial corporations. Since the breakout of the fincancial
market crisis, the treasury has risen enormously in importance.
Formerly regarded as a standard service provider in the corporation,
it is increasingly moving into the focus of strategic decisions,
explains Thomas Schräder,PwC, Germany, Head of Corporate
Treasury Solutions.
Mr. Schräder, how are industrial corporations dealing with negative interest rates
concerning treasury?
The risk-free investment of cash continues to be the prime objective of the corporations. The
cash has to be parked for capital expenditure or for dividend payments. For short-term risk-
IGTA eJournal | Summer 2015 | 21