ICICI Bank, India’s largest private sector lender has opened its first high street branch in Hong Kong. This is the bank's second branch in Hong Kong and will supplement the bank's seven year old presence in Hong Kong. Earlier in July 2012, the Hong Kong Monetary Authority had approved the commencement of this branch.
The bank will offer various banking products and services like term deposits, current accounts, remittance services and NRI services to Hong Kong residents and Non-Resident Indians (NRIs). In Hong Kong, ICICI Bank was granted a banking license on October 10, 2005 by the Hong Kong Monetary Authority.
