Corporation Bank opens office in Dubai

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Mangalore-headquartered public sector Corporatiion Bank has opened its first overseas representative office in Dubai. This marks the beginning of the bank's international presence. The bank aims to convert this representative office into a full-fledged branch in course of time. With this, the Bank is planning to enlarge its presence in other parts of West Asia too and cater to the vast NRI segment.
Besides West Asia, the Bank intends to open its offices in China and Europe shortly. With a web of Representative Offices, the Bank envisages to have better engagement with NRI community. Ultimately, it intends to offer financial solution required for global presence.
First Published: Sep 24 2008 | 5:58 PM IST