WNS to Manage Trade Finance and Credit Operations for Commercial Bank of Dubai
December 15 2014 - 6:14AM
Business Wire
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global
Business Process Management (BPM) services, today announced its
partnership with Commercial Bank of Dubai (CBD), a leading
commercial and retail bank in the UAE. WNS will begin the
relationship by managing back office operations for CBD’s Trade
Finance and Credit processes.
“Commercial Bank of Dubai is recognized as a preferred and
progressive bank in the UAE, and WNS is proud to partner with a
stellar organization like CBD. In this partnership, WNS will bring
forth its deep domain expertise and robust delivery capabilities to
enable CBD to achieve greater cost efficiencies, operational
excellence and improved customer satisfaction,” said Keshav R.
Murugesh, Group CEO, WNS.
“I am excited to join forces with WNS. WNS is a leading global
BPM player and recognized as a leader in the Banking and
Financial BPM services domain. Together with WNS, we aim to build a
scalable, cost effective and a world class delivery engine that
will help us deliver high quality services to our clients,”
said Peter Baltussen, CEO, Commercial Bank of Dubai.
About Commercial Bank of
Dubai
Commercial Bank of Dubai was incorporated in Dubai, United Arab
Emirates in 1969 and is registered as a Public Shareholding Company
(PSC). The Bank is listed on the Dubai Financial Market and is
fully owned by UAE Nationals, including 20% by the Investment
Corporation of Dubai (ICD). The Bank offers a wide range of banking
products and services to its corporate, commercial and personal
banking customers through a network of 26 branches, 3 Cash Offices
and 200 ATMs/CDM. Commercial Bank of Dubai has a market
capitalization of USD 3.8 billion and realized a net profit of USD
275 million in 2013.
About WNS
WNS (Holdings) Limited (NYSE: WNS) is a leading global business
process management company. WNS offers business value to 200+
global clients by combining operational excellence with deep domain
expertise in key industry verticals including Travel, Insurance,
Banking and Financial Services, Manufacturing, Retail and Consumer
Packaged Goods, Shipping and Logistics and Healthcare and
Utilities. WNS delivers an entire spectrum of business process
management services such as finance and accounting, customer care,
technology solutions, research and analytics and industry specific
back office and front office processes. As of September 30, 2014,
WNS had 27,734 professionals across 37 delivery centers worldwide
including China, Costa Rica, India, the Philippines, Poland,
Romania, South Africa, Sri Lanka, United Kingdom and the United
States. For more information, visit www.wns.com.
Safe Harbor Provision
This document includes information which may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
the accuracy of which are necessarily subject to risks,
uncertainties, and assumptions as to future events. Factors that
could cause actual results to differ materially from those
expressed or implied are discussed in our most recent Form 20-F and
other filings with the Securities and Exchange Commission. WNS
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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WNS (Holdings)
LimitedInvestors:David
MackeyCorporate SVP - Finance & Head of Investor
Relations+1 (201)
942-6261david.mackey@wns.comorMedia:Archana
RaghuramHead – Corporate Communications+91 (22) 4095
2397archana.raghuram@wns.com; pr@wns.comorCommercial Bank of
DubaiMedia:Badr SoueidanHead of
Corporate Communication+971 4 2121 706+971 50 656 5489
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