Bank of Baroda has completed the acquisition of 51% equity stake in both Baroda Pioneer Asset Management Company (AMC) and Baroda Pioneer Trustee Company from UniCredit SpA on September 28, 2018.
Pursuant to the acquisition, Bank of Baroda will hold 100% equity share capital in both Baroda Pioneer Asset Management Company and Baroda Pioneer Trustee Company.
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.
