ICICI Bank: Difference between revisions

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'''ICICI Bank Canada''' is a wholly owned subsidiary of ICICI Bank (NYSE''':''' IBN), a leading private sector bank in India. ICICI Bank Canada's corporate office is located in [[Toronto]]. Established in December 2003,<ref name="icici-bank-canada-01">{{cite web |title=All about ICICI Bank |url=https://www.icicibank.ca/abouticicibank/aboutus/default.page? |website=ICICI Bank Canada |access-date=16 October 2019}}</ref> ICICI Bank Canada is a full-service direct bank with assets of about $6.5 billion as of 31 December 2019.<ref name="icici-bank-canada-01" /> It is governed by Canada's [[Bank Act (Canada)|Bank Act]] and operates under the supervision of the [[Office of the Superintendent of Financial Institutions]].<ref name="osfi-wwr-foreignbanks">{{cite web |title=Who We Regulate – Foreign Banks |url=http://www.osfi-bsif.gc.ca/Eng/wt-ow/Pages/wwr-er.aspx?sc=1&gc=1&ic=2#WWRLink112 |website=Office of the Superintendent of Financial Institutions Canada |access-date=16 October 2019}}</ref> The bank has seven branches in Canada.<ref name="icici-bank-canada-01" />
 
In 2003, ICICI Bank Canada was established as a [[List of banks and credit unions in Canada#Schedule II banks (subsidiaries of foreign banks)|Schedule II (foreign-owned or -controlled) bank]]. It was incorporated in November and opened its head office and downtown Toronto branch in December.<ref name="icici-bank-canada-01" /> In 2004 launched an [[online banking]] platform. In 2005, it launched its financial advisor services channel. In 2008, the bank relocated its corporate office to the Don Valley Business Park in [[Toronto, Ontario]]. In 2010, it launched a mortgage broker service. In 2014, the bank launched a mobile banking app.