ICICI Bank
| ICICI Bank Limited | |
|---|---|
|
|
| Country |
 India
|
| Seat | Mumbai |
| legal form | Corporation |
| ISIN | INE090A01021 |
| BIC | ICICINBBXXX |
| founding | 1994 |
| Website |
www.icicibank.com www.icicibank.co.uk www.icicibank.de |
| Business data | |
| Total assets | $ 91 billion (3/31/2011) |
| Employee | 49,000 worldwide |
| management | |
| Board | Chanda Kochhar , CEO |
| Supervisory board | KV Kamath , (chairman) |
ICICI Bank is a financial institution from India based in Mumbai . ICICI Bank is the largest private bank in India. The company offers insurance, bank accounts, loans, investments and other financial services.
In 2001 ICICI acquired the financial company Bank of Madura , founded in 1943, which includes the subsidiaries Chettinad Mercantile Bank (founded in 1933) and Illanji Bank (founded in 1904). The company's stock is listed in India's most important stock market index , the BSE Sensex on the Bombay Stock Exchange .
The company has been pursuing an international expansion strategy since 2001. Acquisitions and mergers with banks were followed by the opening of branches in the USA, China, the Arab region and the European Union .
The company has come under severe criticism from consumer advocates and human rights organizations in India for allegedly using violent debt collectors in the past.
ICICI Bank has also been represented in Germany ( Frankfurt am Main ) since 2008 and offers a call money account and time deposit investment products on the German market. The bank also supports companies that are active in the European-Indian trade in goods and services.
Since 2011, private customer deposits up to £ 85,000 have been secured through the UK's Financial Services Compensation Scheme (FSCS) deposit insurance (up to 2010: £ 50,000). Any additional amounts to 15 million euros per investor in the Deposit Protection Fund of the Association of German Banks protected.