UCO Bank eyeing expansion

“Currently, we are looking at expansion overseas... There are opportunities in South East Asia... Mozambique, Bangladesh, Nepal. Wherever we can open a branch with less capital, we will open,” UCO Bank CMD Arun Kaul said.

Currently, UCO Bank has four branches in Singapore and Malaysia and a representative office in Beijing, China.Besides the overseas expansion, the bank also plans to increase its presence in the country over the next two years.

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