Innovation in reserve management: World Bank Treasury/ANZ Bank

Pair developed Swift-based messaging app to manage faster and safer cash operations

L to R: ANZ Bank HQ, Melbourne, Australia, and the World Bank, Washington, DC
L to R: ANZ Bank HQ, Melbourne, Australia, and the World Bank, Washington, DC
Photo: CB montage

Efforts to tackle the spread of Covid-19 unleashed major market disruptions in March 2020, with liquidity even drying up in the US Treasury market. It also hampered the daily operations of market participants. Central banks across the globe, charged with the responsibility of managing reserves, were not immune to these disruptions, including some of the clients served by the World Bank’s Treasury.

The World Bank Treasury manages $200 billion of assets both for itself and for others. The group

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.