ICICI Bank set to open a branch in New York
November 20th, 2007 Leave a comment Visited 26 times, 1 so far today
ICICI Bank set to open a branch in New York
ICICI Bank has announced that they are all set to open a branch in New York.
The bank said in a statement: “We already have got approval from the US regulator; it will come up in few weeks.”
This new branch would deal in wholesale banking business, including trade financing and factoring services to US-based subsidiaries of Indian firms.
ICICI said that they have received the required permissions from the US Federal Reserve for setting up this new branch. They already have a representative office in the city.
Banking, Financial Services, ICICI, New York, USA
Somanshu
Category: Banking Sector, Finance Services
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