Problem:
Discuss about the growing importance of bank relationship management. Imagine you work in the corporate finance or treasury department of a medium-sized firm that often struggles with cash flow and liquidity. Adequate cash flow and liquidity are critical to a company's ability to maintain ongoing operations. In 500 words, identify five key actions (or stipulations) that corporate finance personnel should take to enhance their liquidity positions when developing commercial relationships with banks. Identify why each action is essential to their liquidity by referencing weekly readings or external articles.
Summary of problem:
The question belongs to Finance and it discusses about bank relationship management importance in today's financial world. A small scenario about a medium sized firm that struggles with cash flow and liquidity has been explained.
Total Word Limit: 494 Words