YES Bank launches representative office in Abu Dhabi
Private sector lender YES Bank announced its international foray by launching its first International representative office in Abu Dhabi, UAE.
Here, the bank will provide services for unique investment needs of the Indian diaspora in the Gulf city through their flagship Global Indian Banking program which comprises of NRE/ NRO savings account & fixed deposits, foreign currency fixed deposit and YES First wealth management programme among others.
Rana Kapoor, Founder, Managing Director and CEO, YES BANK said the Gulf Cooperation Council region is an important geography for their NRI business and the Gulf foray will play a key role in their aspiration to become ‘the Savings Bank of India’.
The bank said that it is keen to expand in some of the key international financial markets in order to serve the large sections of NRI population.