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Our Bureau

Chennai, Nov. 10

The National Bank AG, Germany, will set up a `competency centre' in Germany that would facilitate the German business community to start operations in India, Dr Henner Puppel, Member of the Management Board of the bank, said.

Dr Puppel, who is also the head of a visiting German business delegation, said at a meeting organised by the Confederation of Indian Industry that the competency centre would help Indian agencies in hiring labour, provide legal assistance, identify partners and bankers. The National Bank has over 100,000 SME customers and a good number of them are interested in doing business with India, he said.

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