Friday, December 11, 2009

Major Foreign Banks in India are

ABN-AMRO Bank

The history of ABN Amro Bank dates back to the year 1924, when King Willem - I ISSUED Royal Decree declaring the establishment of the Nederlandsche Handel-Maatschappij (Netherlands Trading Society, NTS). The NTS had been established with an aim to promote the trade between the Netherlands and the Dutch East Indie.

Abu Dhabi Commercial Bank Ltd..

Abu Dhabi Commercial Bank (ADCB) is one of the most prominent nationalized banks of the United Arab Emirates (UAE). Three different banks viz. the Khalij Commercial Bank, the Emirates Commercial Bank and the Federal Commercial Bank merged in the month of July 1985, leading to the incorporation of the Abu Dhabi Commercial Bank.

American Express Bank Ltd.

With its headquarters located in New York, U.S., American Express Company is a global financial services provider, also known as "AmEx" in short. American Express had been established in the year 1850, and is well known all around the world for its dedicated Credit Card, Traveler's Check & Charge Card Services.

BNP Paribas

BNP Paribas is one of the oldest banks in the Continent of Europe, and the largest bank in the eurozone (Consortium of countries having adopted the euro as their primary currency), as reported by The Banker Magazine. The bank is present in 87 countries with a 162.700-strong workforce by offering their services to the Bank.

Citibank

Citibank is one of the largest banks in the U.S., and is a part of the Citigroup financial services. Citibank had been founded in the year 1812. Initially its name was City Bank of New York, which was later changed to First National City Bank of New York.

DBS Bank Ltd.

DBS Bank is a Singapore-based bank, and is known to be one of the largest banks to exist in South East Asian Region by Asset Value. The Government of Singapore established the DBS Bank in the year 1968, and it was primarily Aimed at providing development oriented financial services.

Deutsche Bank

Deutsche Bank, headquartered at Frankfurt in Germany, ranks among the leading global business and Securities Banking, Transaction Banking, Asset Management and Private Wealth Management. It is one the world's leading International Financial service providers with roughly Euro 2.2 trillion in Asset and approximately 80.000 employees.

HSBC Ltd.

HSBC Bank is a subsidiary of HSBC Holdings plc, the London based Banking Giant which, according to the Forbes Magazine, is the largest Banking Group in the world, and the 6th largest company in the world as of January 2009.

Standard Chartered Bank

Standard Chartered Bank is a London based bank, currently operating within over 70 nations with more than 1,700 branches and strong workforce 73.000 as of January 2009. Although the bank is located in Britain, still a huge chunk of its revenues originate from the continents of Asia, Africa and Middle East.

Barclays Bank

Barclays GRCB India is led by Samir Bhatia as its Managing Director. In a short period of just two and a half years, Barclays GRCB India has placed itself Amongst the most respected foreign banks in the country that is serving more than 830.000 customers.

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