Italian Bank Banca Popolare di Vicenza joins hands with SBIBanca Popolare di Vicenza (BPVI) has been in alliance and has constant correspondent banking relationships with all major Indian banks dealing in export and import trade. In order to deepen relationship with India, the bank has signed a cooperation agreement i.e. MOU with State Bank of India for closer relationship with each other for development of Indo-Italian trade. BPVI has uprooted its base in Northeast part of Italy famously known for its immense development in food, furniture sectors, gold processing, glass, garments etc. BPVI Group today is a multi-regional bank now operating all over the country through a network of over 680 branches.
On other hand, SBI is one of the largest archive in banking sector with wide-spread network of more than 50,000 branches in India and around 92 offices across the world. Mr.Pradeep Chaudary,DMD of SBI quoted that this MOU perhaps will increase the investment, trade and commercial aspects. And it will also bring about the awareness about the Italy market in ...
