Wednesday 30 July 2014

ICICI licence upgraded for Doha branch

ICICI Bank, India's largest private bank, said it has been awarded category one licence for its QFC branch in Doha by the Qatar Financial Centre Regulatory Authority (QFCRA). The bank's president Vijay Chandok announced th


ICICI Dubai unit sells $750m notes

ICICI Bank, the second-largest lender in India with more than $79 billion in assets, said its Dubai Branch has sold $750 million of senior unsecured notes in the 144a private placement market. Bank of America Merrill Lynch, Citigroup, H


BKIC, India’s ICICI in insurance deal

Bahrain Kuwait Insurance Company (BKIC) has signed an agreement with ICICI Bank (Bahrain branch), India's largest private sector bank, for the distribution of its general insurance products. The distribution will primarily target the I


Zurich inks deal with Indian bank

Zurich International Life Bahrain has signed an appointed representative agreement with ICICI Bank Bahrain branch, making Zurich its exclusive provider for conventional life insurance products in the kingdom. The agreement was signed at Zu


Major builders to take part in Indian Property Show

A greater portfolio of developers from across India will take part in the seventh Indian Property Show to be held in Dubai later this month. The exhibition, organised by  Sumansa Exhibitions, will be held at Airport Expo-Dubai from No


ICICI launches ‘instant’ remittance service

ICICI Bank, India's largest private sector bank, has launched an instant cross-border money transfer service for non-resident Indians (NRIs). I-Express, available through the ICICI Bank’s select partners in GCC, offers the remitter the opt


ICICI Bank bond nets $690m

ICICI Bank  has raised £350 million ($690 million) through an international bond offering, a top official said. The money will be used for lending for various projects in Bahrain and the rest of the region, said ICICI Bahrain country

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