Bank of Baroda started its overseas journey by opening its first branch way back in 1953 in Mombassa, Kenya. Since then the Bank has come a long way in expanding its international network to serve NRls/PIOs, Indian Corporates around the world and to meet the banking requirements of the local population in the country of operation. The Bank has transformed into India's International Bank.
The Bank has significant international presence with a network of 80 branches/ offices in 25 countries including 50 branches/offices of the Bank, 27 branches of its 7 Subsidiaries and 3 Representative Offices in Malaysia, Thailand & Australia. The Bank also has a Joint Venture in Zambia with 12 branches.
The Bank has presence in world's major financial centers i.e. New York, London, Brussels, Dubai, Hong Kong and Singapore.
Bank of Baroda is pursuing an ambitious overseas expansion plan and is In the process of identifying/opening more overseas centers for increasing its global presence to serve its 36 million global customers in still better way.
The Bank s wholly owned subsidiary - Bank of Baroda (New Zealand) Ltd has been registered as a Bank in New Zealand and the banking operations will commence shortly. The Bank has recently opened 2 Electronic Banking Service Units and UAE at RAKIA, Ras Al Khaimah and Al Quasis, Dubai.
Bank has plans to establish overseas offices in Canada, Qatar, Suriname, Kuwait, Saudi Arabia etc and also expand the network in UAE, U.K, U.S.A, Oman, China, Botswana, Kenya and Uganda etc. It has further plans to upgrade its Representative Offices in Malaysia and Australia to branches.
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