Union Bank of India seeks nod from Chinese government for Shanghai branch
By Vaibhav Aggarwal
Feb 4, 2013
Print    Email    RSS   

The public sector lender, Union Bank of India had asked permission from Chinese Government to upgrade its representative office in Shanghai to a full-fledged branch, sources said.

Presently, Union Bank of India has representative offices in Beijing and Shanghai and permission has been sought to upgrade its Shanghai office into full-fledged branch.

The Shanghai branch was opened in 2007 and UBI is looking to convert it into a branch as it has already completed the two year mandatory period required to open a full-fledged branch in China.

State Bank of India and Canara Bank has already upgraded their representative offices to full-fledged branches in Shanghai. Bank of India and Bank of Baroda has opened its branches in Shenzhen and Guangzhou respectively.


(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Central Bank of India ordered to return...
Pay income tax through ATM
Personal loans in India: Features and...
Bankers concerned on RBI loan recovery...
Man caught for committing bank fraud

What is the outstanding Amount for my personal loan
ho many month balance in My Personal loan
i need my personal loan track statement

LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive