News 2013

Postal industry revenues stable thanks to parcels, financial services growth

19 December 2013 (Post and Parcel)

The global postal industry grew its revenue by 1.6% in the two years up to 2012, according a new study from the International Post Corporation.


The overall figure included a EUR 1.59bn decline in mail revenue, which was countered by a EUR 8.4bn increase in parcels, express, financial and logistics/freight services.

Read the full article here.

UPU project helps West African Posts develop money transfer services

4 October 2013 (Post and Parcel)

The Universal Postal Union has teamed up with the international non-profit PlaNet Finance to help Posts improve financial inclusion in West Africa. Most of the funding for the three-year project has come from a EUR 1.5m grant from the European Union, with the goal to help Posts in Burkina Faso, Cameroon, Ivory Coast and Mali develop better money transfer services.

Read the full article here.

Finance ministry opposes India Post’s banking licence plan

9 May 2013 (Livemint)

The finance ministry has opposed India Post’s plan to seek a commercial banking license from the Reserve Bank of India (RBI) on grounds that the postal service doesn’t have the expertise needed in relevant areas, such as handling credit.

Read the full article here.

Post Office to offer current accounts

11 April 2013 (BBC)

The Post Office is to offer current accounts in the UK, following a regulator’s claim that the market offers little choice for consumers. The new account, provided by Bank of Ireland, will be available in some areas in the coming weeks before a wider launch next year.

Read the full article here.

Post office “bank” inches closer to dream

7 January 2013 (Swissinfo)

Considered by three million account holders as the safest place in Switzerland to deposit their money, the financial services arm of the Swiss post office will finally come out of the closet later this year as a “nearly” fully fledged bank.

Read the full article here.


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