Barclays opens first branch in AP capital
Hyderabad | Wednesday, Nov 18 2009 IST
 

Barclays Global Retail Banking (GRB), today, inaugurated its first branch in the city, saying it was bullish on its Indian operation and was looking at opportunities for new acquisitions in India. With the launch of the new branch, Barclays has seven branches across the country located in Mumbai, New Delhi, Junagadh (near Rajkot), Kanchipuram (near Chennai), Netamangala (near Bengaluru and Ahmednagar in Maharashtra.

Speaking on the occasion, Ram Gopal, Interim Managing Director, India, Barclays Global Retail Bank, said the opening of Hyderabad branch marks a significant milestone in the history of Barclays in India. ''We are sure that our global expertise, world class product offerings and superior services will meet the needs of discerning corporate and retail Hyderabad customers.'' The branch will be looking at more secured loans and expand its portfolio with the recovery of the market from recession. It will soon launch its mortgage office in Hyderabad.

Barclays currently has very attractive offerings for its customers, across categories. This includes a special, Barclays ''Term Deposit'' promotion, which offers retail customers six per cent per annum interest on their term deposits for a 99 days tenor.

Customers in Hyderabad, will also be able to avail of Barclays Premier, one of the best Premier services offering in the country.

It will also offer its loan portfolio, including its first-of-a-kind 'Drop Down Feature' which rewards customers who pay their EMIs on time to benefit from a lower interest rate.

Barclays customers will also enjoy other facilities, including Net Banking, Mobile Banking through the Barclays Hello Money service, a suite of Credit Cards and a comprehensive range of cards, bancassurance products, among a host of other products and services.

Additionally, this branch will also offer customers a safe deposit locker facility.

Barclays GRB business has built a strong franchise in India over the past three years with over 900,000 clients and customers.

Barclays continues to be committed to India, through its six Barclays entitles, including Global Retail Bank. Barclays Capital, Barclays wealth and specialist technology and BPO centres of excellence.

India is one of the leading markets for Barclays Bank Plc.

-- (UNI) -- 18MC10.xml

 

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