Intrum announces collections and recoveries partnership with Sainsbury’s Bank

Credit management group Intrum UK has signed an agreement to manage the collections and recoveries functions for Sainsbury’s Bank and Argos Financial Services portfolios.Under the agreement, Intrum will assume responsibility for collections and recoveries on a white label basis for loan, credit card and store card products.“I am very pleased to see this transformational partnership between Intrum UK and Sainsbury’s Bank. This mandate is a true testament to Intrum’s strong track record of sustainable debt-collection and ability to leverage added value to our clients’ customer journey; both