Public sector lender Canara Bank has set up  a wholesale branch in Bahrain.

Through this branch, the Indian corporations operating in the gulf region would be offered a wide variety of products and services.

Through this branch, the lender also aims to strengthen base for expanding in the Gulf.

“I am delighted that Canara Bank has chosen Bahrain as the location from which to access the trillion dollar Gulf market and the wider Middle East,” said Shaikh Mohammed bin Essa Al-Khalifa, Chief Executive of the Bahrain Economic Development Board (EDB).

“The financial services sector has played a vital role in our economic growth over the last four decades and by attracting investment from key emerging economies such as India, we are well placed to continue to achieve long-term, sustainable economic growth,” he said.