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Centralising Treasury at the Chalhoub Group

An interview with members of the Chalhoub Group about the benefits of centralised treasury operations and in-house banks which led to choosing Kyriba as their TMS provider.

Key Points
  • The successful expansion of the Chalhoub Group led the group to decide, about two years ago, to create a centralised group treasury department at corporate head office in Dubai.
  • This would take advantage of economies of scale in FX and cash management and provide improved visibility of cash.
  • The article offers suggestions and advice to other companies considering such a step, and summarises the benefits which the Chalhoub Group has achieved through treasury centralisation.

 

Written by

James Adams

The Chalhoub Group

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无限中文案例研究 (71 articles)

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