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Tuesday, March 12, 2013

Union Bank opens 2nd overseas branch in Dubai

Public sector lender Union Bank of India opened its second overseas branch at the Dubai International Financial Centre (DIFC).

Union Bank set up its first overseas branch in Hong Kong in 2008 and five representative offices in Abu Dhabi, Beijing, Shanghai, Sydney and London thereafter.

The Bank plans to further expand overseas with branches in Antwerp (Belgium) and Sydney (Australia) and a subsidiary in London (UK) on the anvil, the bank said in a statement.

beena.parmar@thehindu.co.in


Source: thehindubusinessline

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