ICICI Bank opens new service centre in Bahrain

COMMERCIAL NEWS

India’s ICICI Bank has inaugurated a service centre at Mannai Plaza, near Oasis Mall in Juffair, Bahrain, marking the second physical touch point of the bank in the country, the first being the existing retail branch at Manama Centre.

The service centre provides services for all products offered by the Manama branch, except cash deposit and withdrawal. ICICI Bank offers retail, private banking and corporate banking services in Bahrain.

Alok Kumar Sinha, Indian Ambassador to Bahrain inaugurated the service centre.

Amit Bansal, country head (Bahrain), ICICI Bank said: “ICICI Bank has been operating in Bahrain since 2004. The Bank had received retail banking license in May 2007 to provide retail and commercial banking activities in the country. The inauguration of the ‘Service Centre’ is an important milestone in the Bank’s journey in the country. It would help the Bank to widen its reach in the country and would offer increased convenience to the Bank’s customers in the country in general and around Juffair, in particular.”

The centre remains open from 8:00 am to 1:30 pm and 2:30 pm to 4:30 pm on Sunday to Thursday as well as on the first, third and fifth Saturdays of the month.

It offers products, especially designed for customers in Bahrain such as savings and current account, fixed deposits and global money transfer, life insurance products and general insurance products.

Further, it caters to non-resident Indian (NRI) customers with a bouquet of products and services including opening NRI accounts & fixed deposits, loan against NRI deposits, home loan for properties in India, transactions in select mutual funds as well opening of share trading. – TradeArabia News Service