Reply to "Bank of Baroda pulling out"

BasemanSenior Member

yuji22 posted:
This is strictly a financial decision, nothing to do with banking rules:
“The report said that the Guyana subsidiary’s total business stood at GYD 14,560 million (nearly $70 million) at the end of September 2018, down from GYD 20,576.5 million at the end of March 2017 and GYD 21,092 million at the end of March 2016.
The report said that the sale is part of a strategy to exit relatively less remunerative international markets by BoB, which continues to call itself ‘India’s international bank”

Is Guyana the only market they exiting?

12/8/1812:55 PM

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