ICICI Bank has unveiled its new centre in Bahrain with retail and corporate banking facilities.India’s Ambassador to Bahrain Alok Kumar Sinha had inaugurated its new ‘service center’ in Bahrain, making it the bank’s second physical branch in the country, said the bank.
The bank already runs a retail branch at the local Manama Centre, it said in a statement.
The new service center will offer services for all the products offered by the Manama branch, except cash deposit and withdrawal facilities.
The lender offers retail, private banking and corporate banking services in Bahrain, the statement said.
It offers products, especially crafted for consumers in Bahrain, such as savings and current account, fixed deposits and global money transfer, life insurance products and general insurance products, said the bank.
ICICI Bank is operational in Bahrain since 2004, Amit Bansal, Country Head (Bahrain) said.
“The bank had received retail banking license in May 2007 to provide retail and commercial banking activities in the country,” he said.
The branch caters to the requirements of non-resident Indian (NRI) customers with a range of products and services namely opening NRI accounts & fixed deposits, loan against NRI deposits, home loan for properties in India, transactions in select mutual funds.