January 08, 2009

Axis Bank Ltd.'s Singapore Branch, has gone live with the Olympic Banking System from ERI (Mumbai, India).

Axis Bank's Singapore Branch is offering wealth management services to non-resident Indian clients, in Singapore and Dubai. The project was initially launched in July 2008.

The bank's Singapore Branch will use the ERI system to support its proposed wealth management and private banking offering to NRI and other clients both out of Singapore and from its offices in Dubai. The facility will soon be available in Hong Kong as well, subject to regulatory approval.