Loomis signs agreement with HSBC
Cash handling company Loomis has entered an agreement with the British bank HSBC for management of the Bank’s remote ATMs across theUK. The contract success is the largest since Loomis’ market listing in December 2008 and when fully implemented, will make HSBC the largest customer of Loomis in theUK. The agreement which became effective from August 1 includes management of HSBC’s remote ATM estate, including cash forecasting, replenishment and maintenance which will be performed in association with contract partner, NCR Corporation (NYSE: NCR). ‘This agreement means that we take total