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Union Bank opens repo office in Sydney

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Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 12:54 AM IST

State-owned Union Bank of India today said it has opened a representative office in Sydney.

The bank plans to convert this as a full-fledge branch over a period of time, Union Bank said in a statement.

The bank has representative offices at Shanghai, Abu Dhabi and Beijing and a branch in Hong Kong.

Moving ahead, the lender aims to focus on its foreign operations in East Asia and Australia, African sub-continent and Gulf Co-ordinating Countries.

The Sydney repo office was inaugurated by Minister for Finance, New South Wales, Michael Daley.

Union Bank has over 2,700 branches and a customer-base of over 2.5 crore.

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First Published: Dec 03 2009 | 8:01 PM IST

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