INDIA INTERNATIONAL BANK MALAYSIA

Company Introduction: India International Bank (Malaysia)

India International Bank (Malaysia) is a financial institution, not a factory or a trading company.

It is a commercial bank operating in Malaysia. The bank was established as a joint venture by three prominent public sector banks from India: Bank of Baroda, Indian Overseas Bank, and Andhra Bank (which subsequently merged with Union Bank of India). Its primary function is to provide a comprehensive range of banking and financial services to individuals, businesses, and corporations in Malaysia. The bank aims to facilitate trade and investment between India and Malaysia, support the financial needs of the Indian diaspora, and serve the broader Malaysian market with its financial products and services.

INDIA INTERNATIONAL BANK MALAYSIA offers the following products and services:

Deposits: Savings Account, Current Account, Fixed Deposit, Flexi Fixed Deposit, Current Account-i, Fixed Deposit-i, Savings Account-i, Flexi Fixed Deposit-i.

Loans and Financing: Term Loan, Overdraft, Revolving Credit, Import/Export Financing, Project Financing, Working Capital Financing, Bridging Loan.

Remittances: Inward Remittance, Outward Remittance.

Foreign Exchange: Spot, Forward, Swaps.

Internet Banking: IIBMNet Corporate, IIBMNet Retail.

Treasury Services: Interbank placements, repo, reverse repo, money market, foreign exchange.

Trade Finance: Letter of Credit, Bank Guarantee, Documentary Collection, Trust Receipt, Shipping Guarantee, Export Credit Refinancing.