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Our Bureau

Mumbai , May 1

HDFC Bank has tied up with the International Bank of Qatar (IBQ) to launch banking services in Qatar.

The partnership will allow Indian expatriates in Qatar to access HDFC Bank's products and services through IBQ, said a release from the bank.

IBQ is part owned by the Royal family of Qatar and is managed by the National Bank of Kuwait.

The release quoted Mr Harish Engineer, Country Head, Wholesale Banking, HDFC Bank as saying, "This tie-up with IBQ will enable our NRI customers in Qatar to maintain and manage their finances in India in a seamless manner by availing world-class products and services." By opening an NRE account with HDFC Bank in India and an NRI account in IBQ Qatar, customers can enjoy a host of products and services such as centralised banking, fee waiver on debit card and remittance services.

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