BNP Paribas Launches Operations in GIFT City

Mumbai, July 8: BNP Paribas, European Union’s leading bank and a key player in international banking, has launched operations at the Gujarat International Finance Tec – City – International Financial Services Centre (GIFT-IFSC) through a new branch effective today.

The BNP Paribas GIFT City branch shall help facilitate a comprehensive product offering thereby attracting new business opportunities with its onshore and offshore clients.

Sanjay Singh, Head of Territory & CEO, BNP Paribas India said, “The Gift City branch marks a significant milestone and reinforces our continued commitment to the growing BNP Paribas India franchise. It will enable us to better serve our well diversified global clientele with an expanded range of products and strategic solutions as cross-border momentum continues to increase.”

“We are delighted to participate in this rapidly growing financial center and to contribute towards making India a USD 5trillion economy by 2025”, he added.