Exclusive: AirAsia to create a regional treasury centre

AirAsia is looking to set up a regional treasury centre for the group in Malaysia, CT has learnt. Improving cash visibility and handling foreign exchange risk are key motivations behind the decision.

By Daniel Flatt

Jul 7, 2014

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In a bid to keep up with the regional expansion plans of its founder and group CEO Tony Fernandes, AirAsia will be creating a regional treasury centre to consolidate cash and foreign exchange management amongst the group’s numerous operating airlines.

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