The Hinduja Group-owned Amas Bank (Switzerland) today said it has changed its name to Hinduja Bank to show the group's increased commitment to its banking business in Switzerland.

"The change reflects the growing strength of the Hinduja name in global business, as well as the Group's increased commitment to the bank in Switzerland," the bank's Chief Executive Ivan Schouker said.

"The change of name reflects the Hinduja Group's ambition to develop the bank further in order to take advantage of its unique strengths as a Swiss bank with excellent connections to high-growth economies," Group Chairman S P Hinduja said.

Amas Bank (Switzerland) was founded as a finance company in 1978 and became a Swiss-regulated bank in 1994. Headquartered in Geneva, the bank also has presence in Dubai, London, Paris, New York and Mauritius.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets post worst May performace since 2006 - Kavveri Telecom Q4 net declines over 6% - Wall Street opens flat on economy worries - RIM to set up first BlackBerry innovation zone in India - Rajaratnam bragged about sources of inside info: Gupta lawyers

Tags : Amas Bank | Hinduja Bank | Hinduja Group | Ivan Schouker | S P Hinduja   Read Business news in  Advertisements -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Help a Child Achieve her. Click to know more -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Watch The Film Here. Click here to know more.. -  1 billion in saving for Unilever without any tangles. -  One Partnership Endless Possibilities. Click here to know more -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More