The business of TNT Express’ services require fast and customised delivery at high service levels and competitive pricing. This requires ongoing improvement in their operations and flawless execution both in the delivery services and financial handling.
TNT wanted a bank that could provide the financial services in line with these requirements.
As sole cash management provider, ING has improved the cash management and cash pooling capabilities for TNT in Central & Eastern Europe (CZ, Hungary, Poland, Romania, Russia and Slovakia) to optimise TNT’s financial operations for the group and for the local entities.
"Our tailor-made solution in Central and Eastern Europe offered TNT the perfect fit at competitive pricing"