Belgotex Floors select TreasuryOne’s FX Risk Management Service. TreasuryOne, South Africa’s premier treasury services company is pleased to announce that it has signed on Belgotex Floors as a new Foreign Exchange Risk Management Client.
Belgotex Floors is the latest addition to TreasuryOne’s portfolio of blue chip clients in the manufacturing sector. They are now taking full benefit from TreasuryOne’s unique professional expertise in managing the specifics of FX risk at a time of major market volatility.Hennie De Klerk, CEO of TreasuryOne comments: ‘I am delighted that Belgotex Floors has entrusted us with their FX risk management business. The market is experiencing almost unprecedented levels of turbulence, and we are applying our substantial skills and experience in FX exposure management and its application to the South African manufacturing industry to help protect their earnings and secure their profitability.’About Belgotex Floors (www.belgotex.co.za):
Belgotex Floors is situated in Pietermaritzburg and from humble beginnings as Natal Nylon Industries in 1983 they are now the leading soft floor manufacturer in Africa.About TreasuryOne (www.treasuryone.co.za): TreasuryOne was established in May 2000. The company’s mission is to provide a broad range of best practice treasury services to organisations of all sizes and levels of complexity, and also to private individuals.
TreasuryOne delivers professional treasury services to clients as and when needed. All TreasuryOne offerings are fully scalable, so that the client enjoys the benefit of expert, cost-effective advice, and execution, without paying for unnecessary staff and system overheads in the specialist field of treasury. Our clients enjoy all the benefits of working with a highly qualified and experienced partner.
TreasuryOne’s product offerings include the delivery and support of treasury management technology systems, foreign exchange rate risk management and execution services, offshore investment transfers, outsourced treasury management operations, investment management, best practice treasury consulting services, financial instrument valuation and treasury training. Clients experience the value of enhanced treasury performance and reduced risk in today’s demanding financial environment.