It has been reported that Union Bank of India is expanding its network overseas, the bank will establishing a new branch in Sydney. By the end of this month – January 30th 2015, the bank will be establishing the new branch.
Thereafter the bank will launch branches in Africa as well. Recently the bank has also opened a branch in Belgium. The bank is having it network all across the globe including Dubai, London, Hong Kong. The bank will also enhance its banking in India. The bank will establish 500 new machines in India to strengthen its loan portfolio in retail, agriculture and MSME segment.
The bank has reported that bank has aims to be at the top with the excellent banking services. The bank wants to be at no.1 retail bank in customer excellence service.