ICICI, India's largest private sector bank, plans to open three more branches in the UK in the next six months and consolidate its global operations.
"We opened two branches during the last one week – one in Frankfurt in Germany and another in New York on Saturday and we plan to consolidate our international operations now," bank's executive director Sonjoy Chatterjee said.
The Bank currently has nine branches in the UK and presence in 18 other countries including Russia and Canada.
"We will have another three branches in the UK in the next six months," he said.
The bank also has an offshore banking unit in Singapore, an advisory branch in Dubai, branches in Bahrain, Sri Lanka, Hong Kong, Belgium, Qatar, and representative offices in China, UAE, Bangladesh, South Africa, Indonesia, Thailand and Malaysia.
The Mumbai-based bank has consolidated total assets of about 115 billion dollars (about Rs.4,589.5 billion) as on December 31, 2007.
Sonjoy and his wife Ameeta were felicitated in London last evening by Vascroft Contractors Ltd for his "outstanding performance and his recent promotion as the Executive Director of ICICI bank. He was earlier Chief Executive of the ICICI, UK and Europe.
Arjan Vekaria, Vascroft chief, said "through his sheer dedication and hardwork, Sonjoy has made every Indian in the UK very proud."
Sonjoy said more and more leading Companies in the UK should engage themselves with India as the country was on a tremendous growth path.
Courtesy : WWW.FINANCIALEXPRESS.COM
"We opened two branches during the last one week – one in Frankfurt in Germany and another in New York on Saturday and we plan to consolidate our international operations now," bank's executive director Sonjoy Chatterjee said.
The Bank currently has nine branches in the UK and presence in 18 other countries including Russia and Canada.
"We will have another three branches in the UK in the next six months," he said.
The bank also has an offshore banking unit in Singapore, an advisory branch in Dubai, branches in Bahrain, Sri Lanka, Hong Kong, Belgium, Qatar, and representative offices in China, UAE, Bangladesh, South Africa, Indonesia, Thailand and Malaysia.
The Mumbai-based bank has consolidated total assets of about 115 billion dollars (about Rs.4,589.5 billion) as on December 31, 2007.
Sonjoy and his wife Ameeta were felicitated in London last evening by Vascroft Contractors Ltd for his "outstanding performance and his recent promotion as the Executive Director of ICICI bank. He was earlier Chief Executive of the ICICI, UK and Europe.
Arjan Vekaria, Vascroft chief, said "through his sheer dedication and hardwork, Sonjoy has made every Indian in the UK very proud."
Sonjoy said more and more leading Companies in the UK should engage themselves with India as the country was on a tremendous growth path.
Courtesy : WWW.FINANCIALEXPRESS.COM