Weboptify Asked: September 19, 20212021-09-19T10:37:47+05:30 2021-09-19T10:37:47+05:30In: FinanceWhat does a Treasury Department do in a bank?What does a Treasury Department do in a bank?banktreasury department 1 AnswerVotedOldestRecent rtn 2021-09-19T10:38:39+05:30Added an answer on September 19, 2021 at 10:38 am The treasury department plays a crucial role in a bank that is a subsidiary of another bank. Treasury departments of different subsidiaries of banks in separate geographical locations have to communicate with each other at all times. In this scenario, the treasury department is tasked to be the mediator between the lending and forex banks.Another significant function of treasury departments is that they keep in constant touch with the branches and subsidiaries of the parent bank.The most important function of a treasury department is to coordinate the Bank’s finances in order to avoid balance sheet issues and a cash crunch. A good treasury department can save a bank a lot of money in these times of crisis.According to Indian Banks Association, treasury departments in banks were established in the mid-1980s. But unlike other departments, it is not a functional department. Treasury departments play a limited role in the life cycle of the banks. First, their mandate is to keep treasury stock adequate to meet the future business requirements of the bank. In other words, treasury departments in banks should provide adequate resources to the bank on a non-voting basis to meet the immediate demands of the business.These funds have to be provided in advance. Otherwise, the bank runs the risk of having to raise additional capital to meet the funding requirements in the future.0Reply Share ShareShare on FacebookShare on TwitterShare on LinkedInShare on WhatsAppLeave an answerLeave an answerCancel reply Featured image Select file Browse Add a Video to describe the problem better. Video type YoutubeVimeoDailymotionFacebook Choose from here the video type. Video ID Put Video ID here: https://www.youtube.com/watch?v=sdUUx5FdySs Ex: "sdUUx5FdySs". Answer Anonymously Save my name, email, and website in this browser for the next time I comment. Related Questions What is one cost of avoiding health insurance? The main focus of NIH's conflict of interest policy is: What is QuickBooks and how much does it cost? What are the important terms in stock market? How do I start investing in the stock market as a beginner? What is the best way to earn money in the stock market? How does the stock market work? Who decides the price of stocks? What is the logic behind the valuation of ... Which is better and why: term or whole life insurance?