Day: August 10, 2010

Kalaam Telecom appoints BBK as cash management partner

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Manama, Kingdom of Bahrain: Kalaam Telecom (B.S.C), one of the leading voice and data services provider has appointed BBK, a pioneer in commercial and retail banking as its cash management partner. The formation of this new relationship will aim to accelerate Kalaam’s receivables through accepting bill payments of its corporate clients over-the-counters in all BBK Financial Malls and branches allowing easy access to its customers through its wide presence across the country.

“We selected BBK for its demonstrated comprehensive cash management suite of services for corporate, which compliments Kalaam’s existing an d potential customer base,” said Veer Passi, Chief Operating Officer (Acting) & Chief Financial Officer of Kalaam Telecom. “We believe BBK’s branch network combined with the Cash Management solution offers our customers additional locations to settle their bill payments and simultaneously accelerates our receivables.”

“This partnership is one of a number of strategic commitments to ultimately enable our customers to better manage their working capital. At BBK, we focus on being innovative in providing services that increase efficiencies in managing the corporate financial supply chain,” said Sh. Rashed Al Khalifa, GM – Business Group, BBK.

“Now in our 5th year of operations, we at Kalaam strive to enhance our customer’s experience by providing hassle-free payment options to make post-paid bill payments easier,” continued Veer Passi, “we also offer multiple payment modes including an easy-to-pay online payment option on Kalaam’s website wherein all our corporate clients can login to their account and pay their bills through a simple customer-friendly interface.”

In addition to BBK’s extensive branch network, Kalaam Telecom partners with Bahrain Financing Company (BFC) and Bahrain India International Exchange (BIIECO), allowing Kalaam’s customers to make bill payments through more than 50 conveniently located centers.

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