Bangkok to get second branch from IOB
By Vaibhav Aggarwal
Oct 14, 2011
Print    Email    RSS   

Public sector lender Indian Overseas Bank has laid up plans to come up with yet another branch in Bangkok, Thailand. The idea was shared by chairman and managing director of the bank, Mr M Narendra.

With the new branch coming up, the bank would have two branches in Bangkok.

"We have applied to the RBI for one more branch in Bangkok. They (Thailand authorities) have agreed to it. This will be the second branch for IOB in Thailand. We are the only Indian bank to have a branch presence in Bangkok," Mr Narendra said.

The bank is also harboring plans for upgrading its representative office in Vietnam.

Also, said Mr Narendra that the bank has interests to set foot in Dubai International Financial Centre (DIFC). For this, it is likely to be in talks with Dubai Financial Services Authority (DFSA) soon.


(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

What to look for while taking a personal loan
Managing and emerging out of institutional...
Getting the best rates on your personal...
A chronicle of excesses by loan recovery...
LAP or personal loan: Which one to choose?

Model Escoℛts Service In Pune 8888IOO484 Caℓℓ...
What is the outstanding Amount for my personal loan
ho many month balance in My Personal loan

LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive