Barclays Bank PLC today inaugurated its first branch in Ahmednagar in Maharashtra.
The lender is the first multinational bank to open its doors and offer customers a complete range of products and services in Ahmednagar. Ahmednagar's large industrial belt encompasses companies that are leaders in pharmaceuticals, sugar and milk factories, as well as manufacturers of various engineering goods. With this launch, Barclays Bank PLC now has six branches across the country (Mumbai, New Delhi, Junagadh near Rajkot, Kanchipuram near Chennai and Nelamangala near Begaluru) and 13 ATMs (including Ahmednagar). Barclays Plc also launched Barclays Finance, a non banking finance company in March 2008, to bolster its footprint in the country by offering a host of products and services. Barclays Finance currently has over 110 distribution points through its network of branches across the country.
Barclays GRCB business has built a strong franchise in India over the past two and a half years with over 900,000 clients and customers. Recently, Barclays Bank Plc has started mobile banking facility to its credit card customers who can now access their accounts through SMS. This facility will be offered free of cost by Barclays Bank to both existing and new credit card customers.
Tuesday, July 28, 2009
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