Yes Bank opens offices in London, Singapore
MUMBAI: Yes Bank has receveid RBI’s approval to open two representative offices in London and Singapore. This comes on the back of the bank opening a representative office in Abu Dhabi last year followed by an office the GIFT City.
“Opening of representative offices in key financial and trade hubs like London and Singapore, in addition to our existing office in Abu Dhabi, gives us an effective coverage for most key global geographies,” said Rana Kapoor, MD & CEO, Yes Bank.
Yes Bank will provide the India diaspora in London and Singapore services like private wealth management, nonresident account opening, foreign currency fixed deposits, rupee deposits, portfolio investment schemes and a virtual relationship manager.