IBV International Vaults Announces The Acquisition Of Standard Bank’s Safe Custody Business
IBV International Vaults Announces The Acquisition Of Standard Bank’s Safe Custody Business. It has been reported that IBV International Vaults has acquired Standard Bank’s Safe Custody business for an undisclosed amount. This is a deal that IBV has been negotiating with Standard Bank for several years and now the companies have come to a conclusion for deal.
The deal was also made in order to benefit the clients of Standard Bank and IBV as this will make sure that customers are satisfied so that the business deal is fruitful and serves its purpose. With a growing network of members of the IBV International Vaults, the company ensures an invaluable service of World Class safety, privacy and confidentiality, offered to its clientele. IBV International Vaults has world-class security features that are of international standards in order to ensure peace of mind with branches in Switzerland, London, Dubai and South Africa.
First established in 2004, IBV has now exponentially towered with branches globally in just 15 years. IBV’s fast expanding industry consists of a diverse network of over 14 000 members globally. It has begun its global take-over with the sole purpose of operating as the World’s most exclusive private vaults. It therefore upholds global standards and prestigious offerings in security, gold exchange, exclusivity to high-end clientele and most importantly – invaluable client service.
Standard Bank’s Safe Custody business has a variety of Safe Custody facilities, from bags and deed boxes (where one’s valuables are stored in a security-monitored safe or vault), to the Vault Locker and its leading-edge, automated SafeStore Auto facility, in selected branches.The Standard Bank of South Africa Limited is a major South African bank and financial services group. It is Africa’s biggest lender by assets. The company’s corporate headquarters, Standard Bank Centre, is situated in Simmonds Street, Johannesburg.
