RIYADH: The UAE's Etihad Airways, has selected US financial services company Citibank as its international cash management bank partner amid treasury transformation, according to a company statement.
Under the partnership, Etihad will gain access to Citi’s range of digital capabilities across working capital and liquidity management, payments and collections, and reconciliation and visibility.
Etihad will also work closely with Citi’s Innovation Lab to install a number of innovations in treasury management through AI-based and API technology.
Through a collaboration with Citi’s environmental, social, and governance team, Etihad plans to bolster its position in sustainable aviation finance.
“We look forward to working together and implementing more cutting-edge treasury solutions with Citi as our global partner,” the statement said, citing Adam Boukadida, Chief Financial Officer of Etihad Aviation Group
