News: ICICI Bank opens branch in Belgium

(BL 05/05/2006) Mumbai - ICICI Bank UK Ltd on Thursday announced its entry into mainland Europe by opening a branch in Belgium.

The branch, located in the diamond district in Antwerp, will offer corporate banking products, said a press release.

ICICI Bank UK Ltd is a locally incorporated UK bank with an asset base in excess of $2 billion as on March 31, 2006. Set up in November 2003 as a wholly owned subsidiary of ICICI Bank Ltd, it currently has a network of five branches in the UK, the release said.