Monday, 27 April 2015

Yes Bank launches office in Abu Dhabi

The Abu Dhabi office is keen to expand in some of the key international financial markets in order to serve the large sections of NRI population 

Yes Bank has announced its international foray by launching its first International representative office in Abu Dhabi, U.A.E. today.

Taking its first step towards Global Expansion, the bank opens its door to the NRI population residing in U.A.E. with this new representative office. Located at AI Ghaith Office Tower, 205, Hamdan Street, Abu Dhabi, U.A.E., 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:

  • NRE/ NRO Savings Account & Fixed Deposits
  • Foreign Currency Fixed Deposit (FCNR)
  • Portfolio Investment Scheme (PIS) to transact in the Indian Secondary Market
  • YES First Wealth management programme

The representative office was inaugurated by H.E. Sheikh Nahayan Mabarak Al Nahayan, Minister of Culture, Youth, and Social Development, Govt. of U.A.E. and H.E. Mr. T P Seetharam, Ambassador of India to the U.A.E. along with Rana Kapoor, Managing Director & CEO, YES BANK.

Rana Kapoor, Founder, Managing Director and CEO, YES BANK Ltd said, “The GCC (Gulf Cooperation Council) region is an important geography for our NRI business and our Gulf foray will play a key role in our aspiration to become ‘the Savings Bank of India’. The opening of our first international office showcases our commitment to growing our footprint in the international banking space.”

The bank is keen to expand in some of the key international financial markets in order to serve the large sections of NRI population. Yes Bank has leveraged its human capital, technology, speed and financial knowledge to be the Banker of First Choice for NRI customers by delivering high quality, customized, state-of-the-art products & services.

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