KARACHI: The Civil Aviation Authority (CAA) has awarded a cash management mandate to Barclays Bank Pakistan for managing collections from non-schedule flights customers across Pakistan. The solution will improve the operator’s turnaround time and provide instant access to information to all key stakeholders at the CAA for monitoring, coupled with improved cash flows. Barclays is a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
Published in The Express Tribune, August 16th, 2012.