New solution shields firms from import hassles

Diamond Bank

Diamond Bank

from HENRY IFEANYI in Lagos, Nigeria
LAGOS – DIAMOND Bank Plc has launched a logistics solution it hopes would help ease the financial and logistics burden manufacturers and businesses faced during importation of goods and raw materials.

The bank said the solution, launched in partnership with global logistics company, DHL, would allow business managers and owners, particularly in the manufacturing sector, to concentrate on their key business operations without being distracted by the demands of the supply chain.

Deputy Managing Director of the bank, Uzoma Dozie, said the key objective of the new service was to provide convenient payment and delivery services to their customers in need of logistics.

“Diamond Bank is interested in creating the convenience for our customers for their importation activities.

“We discover that most businesses dissipate needless energy, time and resources on their freight forwarding activities to the detriment of their core business concerns. They experience challenges in payment, cargo clearing and movement to locations. These are issues that this new service will tackle,” Uzoma stated.

“Diamond Bank would handle the payment for all importation transactions while DHL handles the logistics involved.

“The security of the goods imported would also be guaranteed. Customers will have time to focus on their core deliverables and be more competitive in their own field,” he added.

Sylvester Idoko Onoja, Head, Trade Products, noted that Diamond Bank would ensure customers were not distracted from their core business objectives as the logistics hassles would be taken off their “To-Do” list.

“The supply chain process is cumbersome for customers. The Micro, Small and Medium Scale Enterprises must be encouraged to grow sufficiently; this product will take the burden of importation off their shoulders,” he said.

In her remarks, Sukhvinder Kaur, Chief Financial Officer, DHL Global Forwarding West Africa, said the new service would engender a revolution in the manufacturing industry in the country.

She added that the pedigree of both Diamond Bank and DHL would make the Diamond Logistics Service the toast of customers.

“DHL GF understands that logistics and finance are specialized fields that should be managed by people with remarkable track record.

“This partnership will ease the challenge of manufacturers and other companies in Nigeria that import goods. We would create a seamless movement of goods till delivery to their destination of choice,” she said.

– CAJ News





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Posted by on Sep 2 2014. Filed under Featured, Finance, Finance & Banking. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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