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StanChart Jordan inks Safeway deal

Amman, April 25, 2010

Standard Chartered Bank Jordan has joined hands with Safeway/The Sultan Center to expand its payment network to 17 additional locations across the Kingdom.

Under the deal, the Standard Chartered credit cardholders now have the convenience of making cash payments of their credit card bills of up to a maximum of JD3,000 ($4182) at any of the 17 Safeway/TSC stores in Jordan.

Commenting on the partnership, Geoffrey Buchanan, chief executive officer of Standard Chartered Bank Jordan, said: “As we celebrate 85 years in Jordan in 2010, we strive to continuously provide our customers with innovative services and products that add value and convenience to their lives.'

'This partnership with Safeway/TSC is a testament to our continued strong performance and competitive advantage amidst challenging market conditions,' he added.

Ashish Sood, head of Consumer Banking at Standard Chartered Bank Jordan, said the expanded payment option service at Safeway/The Sultan Center stores is designed to provide a convenient banking experience.

'Standard Chartered cardholders can now enjoy additional complimentary payment services at the 17 Safeway/TSC stores in addition to the bank's counters and its online banking channel 'i-Banking',” Sood remarked.

'Partnering with an established and a wildly spread partner, such as Safeway/TSC, underscores our commitment to providing convenient, safe and secure payment options to our customers,' he added.

Abdel-Salam Bdeir, TSC’s retail managing director said, “We are honored to associate with the reputable Standard Chartered Bank Jordan to provide an exclusive and convenient service to the Bank’s cardholders throughout our 17 retail stores scattered across the Kingdom.”

Standard Chartered Bank is the oldest bank in Jordan having acquired the operations of Grindlays Bank in Jordan in 2000 which had previously operated as the Ottoman Bank since 1925.

The Bank has five branches, three in Amman, and one in both Irbid and Aqaba, and serves both retail and corporate customers.-TradeArabia News Service




Tags: Standard Chartered Bank Jordan | safeway |

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