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ICICI Bank offshore unit in Bahrain

Our Bureau

Mumbai , Oct. 12

ICICI Bank has announced launch of its offshore banking unit in Bahrain on October 10, 2004. The unit located at Manama Centre in Bahrain would offer several products such as real time remittances, savings accounts, time deposits, India-based products and private banking to NRI customers in Bahrain.

The bank appointed Mr Ajay Sharma as the head of the Bahrain offshore banking unit.

Wholesale banking services such as treasury products, trade finance and corporate finance to the bank's corporate clients would also be provided.

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