Citibank brings cash management efficiency to Dubai Aluminium

Dubai Aluminium (DUBAL) is one of the largest non-oil contributors to Dubai’s economy, yet running a somewhat primitive manual cash management system meant that its success was not always assured. Not only was this system inefficient, but it also exposed the company to error and fraud and led to a loss of value and dissatisfied suppliers. A case study in Aluminium International Today describes how DUBAL collaborated with Citibank to implement the CitiDirect Online Banking System, which has resulted in 99% of DUBAL’s payments to suppliers being made electronically, and has led to increased efficiency and improved supplier relationships.

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