Bank of Baroda was one of the earliest Indian banks to venture into the international banking arena. It set up its first foreign branch in Mombassa, Kenya in 1953, followed by London in 1957. Since then, there has been no looking back. The expansion spree continued over the decades and today, the Bank has acquired the status of a leading international bank of Indian origin, with 62 branches/offices spanning 21 countries in 5 continents. What is more significant is that it is present in all the leading financial centres of the world like London, Brussels, New York, Bahamas, Dubai, Hong Kong and Singapore.

The Bank's international operations today contribute around 20% to the Bank's global business and well over 30% to its net profits. Asset quality of international operations continues to be best-in-class, with Gross NPA at less than 1% and Net NPA at zero level.

In the international banking space, the Bank provides services to all segments with focus on the Indian Diaspora. Its vast array of international banking and services caters to the needs of exporters and importers in India and abroad.The bank also arranges funds from international markets for the Indian corporates by way of syndicated loans, bonds, floating rate notes, foreign currency convertible bonds and credit-linked notes. The Bank's Global Syndication Centre at London focuses on loan syndications/investments in the international markets. With growing opportunities in the Asia-Pacific and Middle East Region, the Bank is also planning to set up Regional Syndication Centres in Dubai and Hong Kong.

As part of its ambitious plans for expansion abroad, the Bank would enter new geographies like Trinidad & Tobago, Ghana, Australia, Bahrain, Canada and New Zealand, besides expanding/upgrading its existing network in UK, China, Malaysia, South Africa, Tanzania, Kenya and Botswana. The Bank is also exploring other markets like Russia, Making a mark around the world GCC countries like Qatar, Kuwait and Saudi Arabia. In all, the Bank plans to open at least 10 overseas branches/ offices during the centenary year.

To tap the emerging business opportunities in different parts of the world - particularly in the context of many Indian Corporations seeking to acquire companies abroad - the Bank plans to set up Regional Hubs at London, Hong Kong, Dubai and Johannesburg.