Friday 21 March 2008

ICICI Bank to attract remittances from Yorkshire

ICICI Bank UK Plc, a wholly-owned subsidiary of India's largest private sector bank, has opened its ninth British branch in Leeds, a large city in Yorkshire.

Prominent members of the Leeds business community attended Thursday's launch as Councillor Andrew Carter, Leader of Leeds City Council, inaugurated the branch.

"Leeds is known as a hub for several ethnic communities. Its diversity and multi-cultural community will be attracted especially to our money transfer service, which ultimately results in their families getting more money because of the value we provide," said Deepak Varghese, head of retail banking of ICICI Bank UK PLC.
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