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YES BANK Launches its First International Representative Office in Abu Dhabi, U.A.E.

Abu Dhabi, U.A.E., April 26, 2015: YES BANK,India’s fifth largest private sector bank announced its international foray by launching its first International representative office in Abu Dhabi, U.A.E. today.

Taking its first step towards Global Expansion, the bank opens its door to the NRI population residing in U.A.E. with this new representative office. Located at AI Ghaith Office Tower, 205, Hamdan Street, Abu Dhabi, U.A.E.,the bank will provide services for unique investment needs of the Indian diaspora in the Gulf city through their flagship Global Indian Banking program which comprises of:

  • NRE/ NRO Savings Account & Fixed Deposits

  • Foreign Currency Fixed Deposit (FCNR)

  • Portfolio Investment Scheme (PIS) to transact in the Indian Secondary Market

  • YES First Wealth management programme

The representative office was inaugurated by H.E. Sheikh Nahayan Mabarak Al Nahayan,Minister of Culture, Youth, and Social Development, Govt. of U.A.E. and H.E. Mr. T P Seetharam,Ambassador of India to the U.A.E. along with Mr. Rana Kapoor, Managing Director & CEO, YES BANK.

Speaking on the occasion, Mr. Rana Kapoor, Founder, Managing Director and CEO, YES BANK Ltd said “The GCC (Gulf Cooperation Council) region is an important geography for our NRI business and our Gulf foray will play a key role in our aspiration to become ‘the Savings Bank of India’. The opening of our first international office showcases our commitment to growing our footprint in the international banking space.”

The bank is keen to expand in some of the key international financial markets in order to serve the large sections of NRI population. YES BANK has leveraged its human capital, technology, speed and financial knowledge to be the Banker of First Choice for NRI customers by delivering high quality, customized, state-of-the-art products & services.

YES BANK’s innovative offerings

  • Best in class Interest Rates on NRE/NRO Savings Account and deposits

  • Foreign Currency Fixed Deposit (FCNR)

  • Premium Rupee plan for higher yield on deposits

  • Dedicated Personal Relationship Manager

  • Portfolio Investment Scheme (PIS) to transact in the Indian Secondary Market

About YES BANK LIMITED

YES BANK, India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its top management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India. YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.

YES BANK has a knowledge driven approach to banking, and offers a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the long term mission of “Building the Finest Bank of the World in India” by 2020.

For media queries, please contact:

YES BANK Limited
Jitesh Patel
Ph.: +91 22 3347 9753
Email: jitesh.patel@yesbank.in

Adfactors PR
Jayakrishnan Bhaskaran
Ph.: +971 55 957 8237
Email: jk@adfactorspr.com

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