• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy
• Books
• Gallery

Stocks

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

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

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

Coimbatore, June 28

City Union Bank has entered into a service agreement with Majan Exchange LLC, Sultanate of Oman to facilitate remittances from expatriate Indians in the Gulf region.Majan Exchange is promoted and operated under a management agreement with Hatton National Bank, one of the oldest banks in Sri Lanka. The Director of Majan Exchange, Mr R. Theagarajah, and the Managing Director and CEO of City Union Bank, Mr S. Balasubramanian, inked the deal. CUB, with a network of 208 branch es, provides remittance service in association with banks and exchange houses.

— Our Bureau

More Stories on : Financial Services | Public Sector Banks

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

Copyright © 2009, 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