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Saman Bank Deals With Indian Rupee

Saman Bank Deals With Indian RupeeSaman Bank Deals With Indian Rupee

Saman Bank has established corresponding relations with India’s IDBI Bank, offering services like payment orders and letters of credit in rupee. The bank currently has links with 330 banks worldwide, including banks in Japan, Germany, Italy, Czech Republic, France and Spain, as reported by bank’s website on Wednesday. The private lender had earlier showed interest in opening a subsidiary bank in India. IDBI is the 10th largest state-owned bank in India.

 

Financialtribune.com