ICICI Bank has signed a Memorandum of Understanding (MoU) with Santander UK Plc, a premier British bank, for collaboration towards the banking requirements of UK corporates operating in India. The MoU establishes a framework of partnership between the banks for financial service requirements of the corporate customers in the India - UK corridor.
ICICI Bank will provide banking solutions across trade, cross-border payments, supply chain, treasury solutions and retail banking to the UK corporates operating in India. Santander UK will support Indian corporates and new age businesses for their banking requirements in UK.
ICICI Bank is a leading private sector bank in India.
