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Pru's plan for 25m pounds sterling centre raises stakes in telebank war

Article Abstract:

UK bank Prudential will invest 25 million pounds sterling in a call centre in Pride Park, Derby, England. This will create 1,500 jobs, bringing considerable benefits to the local economy. The investment reflects the success of Prudential's existing call centre in Dudley, England, and the fact that the telebanking market is becoming increasingly competitive. Standard Life and Bank of Scotland have announced plans to double the number of people they employ in telebanking.

Author: Verity, Andrew
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
All Other Information Services, Functions related to deposit banking, Home Banking Service, Banking industry, Investments, Bank investments, Home banking, Home banking services, Prudential Corporation PLC

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Article Abstract:

The services offered by the around 300 friendly societies in the UK are considered. Friendly societies now manage 15 billion pounds sterling for their members.

Author: Jones, Harvey
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
Civic and social associations, Fraternal Associations, Civic and Social Organizations, Fraternal organizations

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