ICICI Bank

ICICI Bank, India's second largest bank with global presence that currently spans across 19 countries including India. ICICI Bank limited Singapore Branches offers a range of world-class products and services in Personal Banking and Corporate Banking. Whether it's meeting the overseas financing requirements of Indian corporates, supporting India's trade with Singapore and other countries in the Asia-Pacific region or addressing the financial needs of the global Indian community, you'll find a solution from ICICI Bank.

As a Full Banks in Singapore, ICICI Bank may provide the whole range of commercial banking business approved under the Banking Act. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital and asset management.

Besides commercial banking, which includes deposit taking, the provision of cheque services and lending, ICICI Bank may also carry on any other business which is regulated or authorized by MAS, including financial advisory services, insurance broking and capital market services.

The Singapore Branch is the first overseas branch of ICICI Bank. The Monetary Authority of Singapore granted ICICI Bank a license to transact banking business in Singapore with effect from August 1, 2003.

In April 2010, MAS granted ICICI Bank a Full Bank license with QFB privileges and ACU capabilities. Commercial banks in Singapore are licensed under and governed by the Banking Act. They may undertake universal banking. Besides commercial banking, which includes deposit taking, the provision of cheque services and lending, the banks may also carry on any other business which is regulated or authorised by MAS, including financial advisory services, insurance broking and capital market services.