Business alliance forged by YES Bank and Shinsei Bank
(2 August 2012 – Japan) YES Bank, India's fourth largest private sector bank and Japan’s Shinsei Bank signed a business alliance to cooperate on information-sharing and business development, syndications, lending, investment banking, trade finance and remittances, among other services.
By expanding the scope of the alliance to cover a broader range of businesses, YES Bank will further strengthen its support framework for Japanese institutional customers looking to enter the Indian market.
At the same time, the bank will support Indian clients doing business in Japan.
Dr Rana Kapoor, founder, managing director & CEO, YES Bank said the alliance furthers the bank’s commitment towards the India-Japan corridor for trade and investments.
"Through our knowledge banking initiatives and advisory services, we look forward to exploring further opportunities for cross-border trade and investment.
"I am confident that this partnership will enable us to provide enhanced banking support and economic and business intelligence to Japanese and Indian corporations seeking business opportunities in either of the countries," Kapoor said.
At the same time, the bank will support Indian clients doing business in Japan.
Dr Rana Kapoor, founder, managing director & CEO, YES Bank said the alliance furthers the bank’s commitment towards the India-Japan corridor for trade and investments.
"Through our knowledge banking initiatives and advisory services, we look forward to exploring further opportunities for cross-border trade and investment.
"I am confident that this partnership will enable us to provide enhanced banking support and economic and business intelligence to Japanese and Indian corporations seeking business opportunities in either of the countries," Kapoor said.