The Hindu Business Line : Union Bank to open branch in HK

Union Bank of India has received approval from Hong Kong Monetary Authority to open a branch in Hong Kong effective August 29. The branch will have full- fledged banking operations like that of deposit acceptance, lending to trade, corporate, treasury operations and overseas business. The bank has also received approval from the Central Bank of United Arab Emirates to open a Representative of?ce in Abu Dhabi. - Our Bureau

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