Bank of Bahrain & Kuwait

India's Religare Join Hands With Bahrain Bank

The Bank of Bahrain & Kuwait (BBK) has informed that it has linked up with India’s leading financial group Religare to offer portfolio management services (PMS) to expatriate Indians in Bahrain and Kuwait.

According to the sources, the proposed pact was inked between the Bahrain-based BBK and Religare at Manama.

While commenting on the tie up, Mr. Ashish Sarkar, BBK's assistant general manager and head of PMS stated, “With Religare, we saw a window of opportunity for our NRI (non-resident Indian) relationships to be able to invest back home.”