Xerox wins Lloyds print contract

Xerox has won a major deal to provide print services to the UK's largest retail bank, the Lloyds Banking Group.

Under the new contract, Xerox Global Document Outsourcing will deliver communication and marketing material for the various brands owned by the bank.

It will handle all key areas of the production process, from designing to printing of promotional campaigns and other documentation.

Xerox said its aim would be to help Lloyds cuts the overall print costs and streamline its marketing communications.

"Lloyds Banking Group takes its customer relationships - and its customer communications - as seriously as Xerox does," said Xerox GDO president Stephen Cronin.

"With this agreement, the bank joins a growing list of international companies that are turning to Xerox to help lead this important aspect of their businesses while uncovering savings in a place many companies fail to look: the document supply chain," he added.

Xerox has secured the contract over rival Williams Lea which handled print management for HBOS, the banking group taken over by Lloyds in 2009.

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