Standard Chartered, IBL Group sign agreement

KARACHI (PR) - Standard Chartered Bank and IBL Group have signed an agreement for Straight2Bank, Standard Chartered Banks electronic banking platform. Standard Chartereds relationship with its clients is a manifestation of its commitment to Pakistan. The bank is keen on building long term partnerships with its clients by offering banking solutions that help add value to their businesses. Straight2Bank is one such global product. It is a tool to efficiently execute and monitor cash management, foreign exchange and trade finance activities. It also offers a wide range of payment solutions on a single platform. This includes transfers, corporate cheques, pay orders, payroll and telegraphic transfers. IBL Group is a diversified business house engaged in a wide range of business activities in Pakistan including international trading, local manufacturing, marketing, sales and distribution of various products. The Group consists of distinguished companies such as International Brands (Pvt) Limited, Searle Pakistan, United Distributors Pakistan Ltd, IBL Healthcare, United Brands Ltd, Dunkin Donuts (Franchise) and Habitt Stores. The flagship company IBL (PVT) Ltd. is involved in the distribution of premier products including Castrol, Mobilink Jazz Cards, Mars Confectionery, Kelloggs products and Searle Pakistans (Pharmaceutical) products covering more than 80% of the countrys retail market.

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