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Mumbai, March 21

UTI Bank Ltd has opened a branch in Hong Kong with plans to offer a range of products to corporates and individuals. The branch will concentrate on activities such as corporate finance, trade finance and retail banking. Mr P.J. Nayak, Chairman and Managing Director said, "Our presence in Hong Kong is another step in the bank's strategy to establish a pan-Asian presence, and will provide a platform for accessing other markets in the region."

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