Latest news with #Boag
Mercury
05-05-2025
- Sport
- Mercury
Boag sets sights on VFL after star Tassie showing
Don't miss out on the headlines from Sport. Followed categories will be added to My News. His first crack at the VFL was ruined by Covid, but Bailey Boag has set his sights on being part of Tasmania's first team after Sunday's star showing against Sandringham. Boag, a four-time Baldock medallist as the NWFL's player of the year, was a standout in the midfield in the 38-point win at UTAS Stadium. Tasmania's first win of the representative season was the perfect 26th birthday gift for Baldock, whose work rate was relentless against the Zebras. Boag played a couple of VFL games with North Melbourne in 2021 before the season was canned due to Covid after just six matches. But he's keen to pitch a claim for Tasmania's team, with the rep games giving officials a chance to cast their eye over prospective talent before they enter the league next year. '100 per cent (it's a goal),' the Burnie on-baller said. 'I had an opportunity with North Melbourne a couple of years ago in the Covid year. I played two games with them, and probably didn't have the full opportunity I thought I would. 'I want to test myself as much as I can at the next level. I'd like to put my best foot forward and be a part of that (Tasmania team), it'd be something pretty cool. 'I've got a bit more footy IQ now (since the Roos stint) and filled out a bit, not that there's much of me currently. 'These (rep matches) are the games you want to be a part of. I guess tht's why they've set these five games up this year, to see where we're at and shorten that gap to that (VFL) competition.' Tasmania's five-strong north-west contingent were all influential against Sandringham. Wynyard's Josh Wolfe booted two goals on debut while Devonport trio Keegan Lowe, Harry Elmer and Kai Cameron all played important roles. 'The more north west the better,' Boag said. 'In previous years we've probably had limited opportunities, we had a few today and hopefully we can start to get more. 'It's purely off the back of a bit more opportunity, having a regional academy over there.' After playing State League with Burnie in 2017, Boag has fielded overtures to return to the competition from other sides, but felt at home at the Dockers. 'I've been pretty lucky to play in some good teams over the years, and played with some really good players which probably fast tracked my footy in the early days,' Boag said. 'It gave me the confidence to rock up and play my role. 'I did think about it (returning to TSL) but I had an apprenticeship too. The other thing is I've grown up in Burnie my whole life and have strong family ties there. 'I played one year in 2017 then went back and lucky enough we won three in a row. I was happy where I was. 'It (NWFL) is probably the most even it's ever been. But we're still chasing North and Launnie, they're fresh out of state league and have the higher calibre players. 'I know we're pretty excited coming into the Tri Series (against south and north regions) to see where we're at and see where we have to go to work.'
Daily News Egypt
22-03-2025
- Business
- Daily News Egypt
HSBC introduces pioneering liquidity solution for Middle East corporates, advancing real-time treasury management
HSBC has unveiled an innovative cash concentration solution designed to help corporate clients navigate the Middle East's accelerating digital transformation. The HSBC Seven-Day Cash Concentration Solution empowers businesses to automate in-country liquidity management every day of the week, including weekends and national holidays. This marks a first for the Middle Eastern financial services industry. HSBC will initially launch the solution in the UAE and Egypt, with plans to expand across additional markets within the Group's global network later this year. The initiative reinforces HSBC's leadership in cash management solutions across the region. As digital transformation becomes central to economic diversification strategies across the Middle East, the region has emerged as a global leader in real-time payments and digital business models. According to the World Economic Forum, the Middle East is the fastest-growing real-time payments market worldwide, projected to reach $2.6bn by 2027. Kyle Boag, Head of Global Payments Solutions, HSBC Middle East, North Africa, and Turkiye, stated: 'Launching an advanced cash management solution in the Middle East enables corporates to capitalize on the region's digital evolution, supporting the development of real-time treasury operations.' Boag added: 'With real-time payments and e-commerce redefining financial landscapes, corporate treasurers are shifting to a 24/7 liquidity management mindset. HSBC's solution eliminates traditional barriers, extending automated liquidity management beyond the conventional workweek to a seamless, daily operation.' Todd Wilcox, Deputy Chairperson and CEO, HSBC Bank Egypt, commented: 'This launch represents a milestone for HSBC in the Middle East and aligns with Egypt's broader digitalization strategy. Our solution grants corporate clients continuous, 24/7 liquidity management, transitioning from a five-day model to a more flexible, efficient system. This transformation enhances working capital efficiency and strengthens financial resilience.' By consolidating positive and negative balances across multiple HSBC accounts into a single account, the solution optimizes liquidity, reduces borrowing costs, and enhances financial agility. HSBC's 'Global Liquidity Solutions' self-service platform further empowers customers to manage liquidity autonomously seven days a week, allowing real-time oversight of sweep execution and inter-company positions.
Zawya
19-03-2025
- Business
- Zawya
HSBC launches first-of-its-kind cash management solution in the UAE
Launching in the UAE and Egypt, with plans for global expansion Dubai, UAE - HSBC today announced the launch of an innovative, first-of-its-kind cash concentration solution in the UAE — reinforcing the bank's commitment to supporting corporate clients as they navigate the country's rapidly evolving digital economy. The HSBC Seven-Day Cash Concentration Solution allows UAE corporates to automate in-country liquidity management every day of the week, including weekends and public holidays, marking a major step toward real-time treasury operations. The solution reflects HSBC's position as the leading cash management bank in the country [1]. By consolidating positive and negative balances across various HSBC bank accounts into a single account, the solution helps customers optimise liquidity, reduce borrowing costs, and enhance financial flexibility. Through HSBC's 'Global Liquidity Solutions' self-service platform, customers can now manage and amend sweep execution and inter-company position parameters seven days a week — giving them full control of their liquidity in real time. The UAE has positioned itself as a leader in digital transformation, with real-time payments and e-commerce adoption accelerating rapidly. According to the World Economic Forum [2], the Middle East is the fastest-growing real-time payments market globally, projected to reach USD 2.6 billion by 2027, with the UAE at the forefront of this trend. The UAE's real-time payments market is expected to increase at a compound annual growth rate (CAGR) of 14.56% between 2025 and 2030 [3], highlighting the need for around-the-clock liquidity solutions. Kyle Boag, Head of Global Payments Solutions, HSBC Middle East, North Africa and Türkiye, said: 'Launching a cutting-edge cash management solution in the Middle East will help corporates to ride the region's digital transformation and is another step in enabling our customers to build real-time treasury organisations.' Boag continued: 'The advancement of real-time payments and e-commerce means corporate treasurers are now looking at liquidity management as a 24/7 concept. HSBC's solution overcomes the traditional limitations businesses have faced by extending automated liquidity management from the working week to every single day.' This launch aligns with HSBC's strategy to support the UAE's ambitions for a digitally enabled, diversified economy by providing world-class financial solutions that meet the evolving needs of local and international corporates. To find out more about the real-time liquidity solution, visit HSBC UAE. -Ends- Media enquiries to: Ahmad Othman ahmadothman@ About HSBC in the MENAT region HSBC is the largest and most widely represented international banking organisation in the Middle East, North Africa and Türkiye (MENAT), with a presence in nine countries across the region: Algeria, Bahrain, Egypt, Kuwait, Oman, Qatar, Saudi Arabia, Türkiye and the United Arab Emirates. In Saudi Arabia, HSBC is a 31% shareholder of Saudi Awwal Bank (SAB), and a 51% shareholder of HSBC Saudi Arabia for investment banking in the Kingdom. Across MENAT, HSBC had assets of US$73bn as at 31 December 2024. [1] According to Euromoney Cash Management Survey 2024 [2] [3] Mordor Intelligence
Zawya
19-03-2025
- Business
- Zawya
HSBC launches liquidity solution for Middle East corporates in step towards real time treasury
Launching in the UAE and Egypt, with plans for global expansion. Dubai, UAE: HSBC today announced the launch of an innovative cash concentration solution to support corporate clients in navigating the Middle East's digital revolution. The HSBC Seven-Day Cash Concentration Solution allows the bank's corporate clients to automate in-country liquidity management every day of the week, including weekends and country holidays. The solution is the first of its kind in the Middle East financial services industry. The UAE and Egypt will become HSBC's first markets to introduce the new solution, before expansion to further markets in the Group's global network later this year, including in the Middle East. The development further underscores HSBC's position as the leading cash management bank [1] in the region. Digital transformation is a key pillar of the economic diversification strategies in many parts of the Middle East and has led to the region becoming one of the fastest adopters of real time payments and digital business models. According to the World Economic Forum [2], the region has become the fastest-growing real-time payments market globally and the market is expected to reach US$2.6 billion by 2027. Kyle Boag, Head of Global Payments Solutions, HSBC Middle East, North Africa and Turkiye, said: 'Launching a cutting-edge cash management solution in the Middle East will help corporates to ride the region's digital transformation and is another step in enabling our customers to building real-time treasury organizations.' Boag continued: 'The advancement of real time payments and e-commerce means corporate treasurers are now looking at liquidity management as a 24/7 concept. HSBC's solution overcomes the traditional limitations businesses have faced by extending automated liquidity management from the working week to every single day.' By consolidating positive and negative balances across various HSBC bank accounts into a single account, the solution helps customers to optimise liquidity and reduce borrowing costs, enhancing their financial flexibility. Through HSBC's 'Global Liquidity Solutions' self-service platform, customers can now be in full control of their liquidity seven days a week, by managing and amending sweep execution and inter-company position parameters. To find out more about the real-time liquidity solution, visit HSBC UAE or HSBC Egypt. -Ends- Media enquiries to: Ahmad Othman ahmadothman@ About HSBC in the MENAT region HSBC is the largest and most widely represented international banking organisation in the Middle East, North Africa and Türkiye (MENAT), with a presence in nine countries across the region: Algeria, Bahrain, Egypt, Kuwait, Oman, Qatar, Saudi Arabia, Türkiye and the United Arab Emirates. In Saudi Arabia, HSBC is a 31% shareholder of Saudi Awwal Bank (SAB), and a 51% shareholder of HSBC Saudi Arabia for investment banking in the Kingdom. Across MENAT, HSBC had assets of US$73bn as at 31 December 2024. [1] Euromoney Cash Management Survey 2024 [2] World Economic Forum, What's behind the Middle East's boom in digital payments?, Mar 3, 2025
