• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Mumbai, Oct 31

ICICI Bank Eurasia LLC, a subsidiary of ICICI Bank, has opened a branch in St Petersburg. The branch will offer a range of banking and financial services.

This is the 5th branch that ICICI Bank has opened in Russia. ICICI Bank Eurasia opened its first branch in Moscow in Feb, 2006. ICICI Bank had acquired InvestitsionnoKreditny Bank (IKB) in May 2005. On completion of the acquisition, the entity commenc ed operations as ICICI Bank Eurasia LLC, a wholly-owned subsidiary of the bank.

A press release quoting Mr. Niranjan Limaye, President and CEO, ICICI Bank Eurasia LL,C said, “In this financial year we plan to be operational in three locations - Moscow, Obninsk and St. Petersburg. For the remaining part of the year, we will be adding more offices in Moscow. We are also exploring opportunities to expand our presence in other regions of Russia.” – Our Bureau

More Stories on : Private Banks | Overseas Investments | ICICI Bank Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Karnataka Bank EGM okays pref allotment to IFC

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line