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HSBC to partner with Prudential Life Assurance.

Global Banking News-29 August 2008-HSBC to partner with Prudential Life Assurance(C)2008 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 29 August 2008(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

HSBC (LSE: HSBA) has entered into a partnership with Prudential Life Assurance (NYSE: PRU) in Thailand.

The bank has entered into a partnership with Prudential Life Assurance (Thailand) and Counter Service Co Ltd, to launch a new bill payment service. The service is expected to enable life assurance customers to settle their bills through Counter Service Co Ltd's network across Thailand.

The partnership is to offer customers of Prudential Life Assurance a 24-hour/7days-a-week cash bill payment service through more than 6,000 stores in Thailand.

Nicholas Holder, chief financial officer at Prudential Life Assurance (Thailand) Public Company Limited, said, 'Our company has a policy to develop quality in client services, from the selection of protection services, after-sale services and payments. The addition of such a life assurance premium payment channel is one such service making it more convenient for customers who have selected Prudential Life Assurance. Furthermore, customers making their premium payment through Counter Service will not be charged any extra fees.'

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

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Publication:Global Banking News (GBN)
Date:Aug 29, 2008
Words:220
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