The lender would further concentrate on enhancing its presence in the corporate, commercial and wealth management businesses in Singapore.
India's largest private lender ICICI Bank on Thursday said it has opened its second retail branch in Singapore. The branch would cater to the banking needs of the customers, including products or services such as money transfers to India, ICICI Bank 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," Chief Executive of ICICI Bank’s Singapore Branches, B K Iyer, 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," Iyer said.
He said ICICI Bank would further focus on increasing its presence in the corporate, commercial and wealth management businesses in Singapore, by capitalising on the strong trade and investment flows with India.
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