Bank contract for IBP

18 Aug 09

IBP, a subsidiary of asset security tracking business Suretrack Monitoring, specialises in deterring and reducing the incidence of robbery, primarily relating to cash.

A statement said the initial supply is for around 48 branches, “during which time it will be rolled forward until all the new branches have been updated”. The bank’s branches are being re-branded following a recent takeover.

This new contract will take in the region of four months to complete with some eight to nine branches being completed per week.

In addition to this refurbishment/installation contract IBP has been asked to tender for the servicing of the security systems when the current contract, held by another provider, is due for renewal in September.

Will Hirons, Chief Executive of Suretrack, stated: “Since we acquired IBP in March this year the company has gone from strength to strength, winning new contracts in the UK, developing a European distributor network and winning new mandates throughout the EC as a result.

“IBP services the requirements of a number of High Street and household names as clients and this latest contract demonstrates the continued quality of the IBP offer. Many clients now have a major presence in Europe and even worldwide. We are confident that, in time, we can extend the company’s services to accommodate their global security needs.”

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