Another Indian bank sights Botswana

Tuesday, October 05, 2010

Another bank from India has announced its intention to open a branch in Botswana as part of its global expansion.

Indian media this week reported that public sector lender, Bank of India (BoI), has indicated it plans to set up subsidiaries overseas including in two African countries.

"We plan to set up subsidiaries in New Zealand, Uganda, Botswana and Canada," a senior official of the bank told Press Trust India (PTI).

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