On 17th August 2005, ICICI Bank UK Ltd launched their branch in Manchester to cater to the banking needs of those in the North of England. This is ICICI Bank UK Ltd's third branch in England. Speaking on the occasion, Mr Sonjoy Chatterjee, MD & CEO of ICICI Bank UK Ltd commented 'We are delighted to offer our services to the residents and businesses of Manchester. As a full service UK bank with a strong product offering for both individuals and businesses, we believe we are in a unique position to become the preferred provider of financial services particularly for the Asian community in the UK.'

Remarking on the longer term, Mr Chatterjee remarked 'We are keen to demonstrate our serious intent in the UK market by offering products that are more competitive than those offered by other high street banks not simply for the reason of capturing market share but because we believe that customers need to derive greater value than what they presently get. For this reason we have brought to the UK market mainstream products, such as HI-SAVE, which is an online no-frills savings product offering UK's best savings rate at 5.40% AER, together with a rate guarantee at a quarter percent over the Bank of England's base rate.'

He concluded 'likewise, our other specialised products like remittances to India are also very competitive. I'm certain, we can service the requirements of the people in Manchester to greater satisfaction.'

The Manchester branch will be open from 9:30 am to 4:30 pm and is located at 25 ' 31 Cheetham Hill Rd, Manchester, M4 4FY. Along with English, the following languages are spoken by branch staff: Hindi, Gujarati, Urdu and Punjabi.

ICICI Bank UK Ltd. is wholly owned by India's second largest bank, ICICI Bank.