Hyderabad|India|June'2009: Centrum Group, one of the India ’s largest financial services provider has opened its newest branch at Vishakhapatnam . With this, total number of branches in India has risen to sixty – nine. Centrum Group’s branches have presence across cities like Hyderabad , Chennai, Bangalore , Mysore , Mangalore, Kochi and Pondicherry in the south. The south east India market plays a crucial role in Centrum’s marketing plans. It plans to expand with more than 100 branches all over India by end 2009.

Commenting on the opening of the new branch, Mr. Guruprasad, Executive Director, FCHCentrum Direct Limited said, “Clients need value added services and personal attention in these challenging times; FCHCentrum Direct Limited, with its rich experience in the foreign exchange & travel services along with its well trained & committed employees will surely meet the expectations of the discerning traveler and change the whole gamut of customer expectation in the foreign exchange & travel service sector.” He further added, “ Vishakhapatnam is an emerging market for students community who travel abroad to pursue higher education. Moreover, the Vishakhapatnam port is a gateway to the East coast of India which gives rise to inbound & outbound travelers. In order to cater to this emerging segment, we are starting our operations here. FCHCentrum Direct will also extend its services specifically to Port Trust, Vizag Steel Plant, HPCL and the students traveling abroad.”

FCHCentrum Direct caters to the forex & travel needs of high net worth individuals, retail investors and corporates through its branches spread across India and overseas. Centrum is the preferred partner of American Express for its brand of traveller cheques and has co-branded foreign currency cards with Citibank and ICICI Bank. Centrum offers variety of products including Foreign Currency, Travellers’ Cheques, Prepaid Travel Cards, Prepaid Calling Cards and Travel Insurance. Centrum also recently acquired stake in Club7 which was incorporated in 1988 in Kolkata and has several branches Pan India . Club7 specializes in domestic as well international tour packages for leading corporate and institutional clients. They have extensively trained and highly experienced personnel across the globe to provide personal attention and render quality service in leisure, corporate & business (MICE - Meetings, incentves, conferences and exhibition) travel needs. It is officially recognized by the International Air Transport Association (IATA) and is a member of the Travel Agents Association of India (TAAI).

Reachout's News Bureau
 June' 2009