ICICI Bank, India's largest private sector bank, has opened second branch in Hong Kong.
The new branch is located at Shop 102-103, Level 1, Chuang’s Tower, 30-32 Connaught Road, Central. It will provide Hong Kong residents and non-resident Indians (NRIs) comprehensive access to the bank through products and services like term deposits, current accounts, remittance services and NRI services.
Vijay Chandok, president – international banking for ICICI Bank, commented, “ICICI Bank's will act as gateways for companies in this region wanting to do business in India and Indian companies wanting to expand abroad.”
In Hong Kong, ICICI Bank was granted a banking license in 2005 by the Hong Kong Monetary Authority. The products and services offered by the branches of ICICI Bank in Hong Kong include: personal banking products and services; comprehensive financial solutions to companies in India and in Asia-Pacific and trade finance and services to support India's trade with Hong Kong and other countries the region.
