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The centralized group treasury management

The centralized group treasury management

The management of the treasury of many national and international business groups is centralized to monitor and optimize the use of financial resources and the related flows, thereby minimizing costs. A single legal entity manages liquidity through a shared bank account and transfers resources, by inter-company agreements and specific bank account contracts (cash pooling), from subsidiaries in excess to those in need of financing. The regulation of these agreements includes civil, accounting and fiscal specific aspects.