Standard Chartered outsources mail management
Standard Chartered has appointed mail management firm, Emirates Post, for the printing, enveloping and mailing of account statements and customer advices. Standard Chartered generates an average of roughly 5,000 letters every day.
The announcement follows the conclusion of a six-week pilot, during which all aspects of the process have been tested and reviewed to ensure their integrity and reliability. Emirates Post’s Electronic Document Center (EDC) manages printing, sorting and dispatching documents on the clients’ behalf.
Standard Chartered is a London-based, international bank focused on emerging markets of Asia, Africa, the Middle East and Latin America. It has significant operations in Hong Kong, Singapore, Malaysia, Thailand, India, Bangladesh, the United Arab Emirates (UAE) and in sub-Saharan Africa. The Group's businesses in the region employ around 3,000 people with a network of more than 80 branches and 95 Automated Teller Machines (ATMs).
Standard Chartered's business grew substantially in 2000 with the $1.34 billion acquisition of Grindlays Bank in the Middle East and South Asia. The integration of the two banks continues to make good progress and is scheduled to complete by year-end 2002. The Group has a network of over 500 offices in more than 50 countries. — (menareport.com)
© 2002 Mena Report (www.menareport.com)