TAQA Selects Citi for Local Domestic Cash Management Services and Global Liquidity Structure

Citi has announced its Global Transaction Services business has been appointed by the Abu Dhabi National Energy Company PJSC (TAQA), an international energy company with exploration, production, storage, transmission and generation assets in North America, Europe, the Middle East, North Africa and Asia, to supply local domestic cash management services and a global liquidity structure with a multi-currency pool in London. Doug Fraser, chief financial officer of TAQA commented, “Citi was able to provide us with a solution that was flexible and matched the needs of our company.”


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