ICICI Bank Ltd.

ICICI Securities, a wholly-owned subsidiary of ICICI Bank, has entered into a strategic alliance with AM Capital, a Hong Kong-based brokerage, to pursue new business opportunities in India and Asia Pacific after obtaining regulatory approvals. This alliance gives ICICI Securities a footprint in Hong Kong. Further, the company will be able to provide high quality research and access to the Indian market to AM Capital’s clients. The alliance will also enhance ICICI Securities’ reach for its clients with interests in investing in Hong Kong securities market through AM Capital.

ICICI Bank is India’s largest private sector bank. ICICI Bank’s subsidiaries include India’s leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms. ICICI Bank’s presence currently spans across 18 international locations.