Friday, September 2, 2011

ICICI Bank expands presence in Singapore

The largest private sector lender in the country ICICI Bank has opened its second retail branch in Singapore; the bank is further looking on increasing its presence in the corporate, commercial and wealth management businesses in Singapore.

The Chief Executive of the bank’s branches in Singapore, Mr. B.K Iyer said "The opening of our second retail branch reflects our commitment to growing our footprint in the retail banking space in Singapore, which is a major hub in ICICI Bank's international network."

He also said "The new services are part of ICICI Bank's efforts to grow its product suite to address customers' specific financial needs, as well as to improve their banking experience."