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July 5th, 2016, 02:18 PM
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Join Date: Mar 2012
State Bank of India Kenya

Hi I am interested in having the details of the State Bank of India’s stake in the Giro Commercial Bank which is situated in Kenya?

Starting 30 October 2015, the bank had 189 abroad workplaces spread more than 35 nations and reporter association with 348 banks crosswise over 98 nations. It has branches of the guardian in Colombo, Dhaka, Frankfurt, Hong Kong, Tehran, Johannesburg, London, Los Angeles, Male in the Maldives, Muscat, New York, Osaka, Sydney, and Tokyo, Qatar, Saudi Arabia, Dubai. It has seaward keeping money units in the Bahamas, Bahrain, and Singapore, and delegate workplaces in Bhutan and Cape Town.

In Kenya, State Bank of India claims 76% of Giro Commercial Bank, which it procured for US$8 million in October 2005.

SBI Sri Lanka now has three branches situated in Colombo, Kandy and Jaffna. The Jaffna branch was opened on 9 September 2013. SBI Sri Lanka, the most seasoned bank in Sri Lanka, praised its 150th year in Sri Lanka on 1 July 2015.

In Nigeria, SBI works as INMB Bank. This bank started in 1981 as the Indo-Nigerian Merchant Bank and got consent in 2002 to begin retail saving money. It now has five branches in Nigeria.

In Nepal, SBI possesses 55% of Nepal SBI Bank, which has branches all through the nation. In Moscow, SBI claims 60% of Commercial Bank of India, with Canara Bank owning the rest. In Indonesia, it claims 76% of PT Bank Indo Monex.

In China, State Bank of India has a branch each in Shanghai and Tianjin.

Last edited by Neelurk; May 28th, 2020 at 08:43 PM.
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