Name the private sector bank, which had opened a representative office in Sharjah (UAE), to better serve its customers in the emirate and to expand its retail offerings to customers in the neighboring northern emirates recently.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Kotak Mahindra Bank
B	ICICI Bank
C	Axis Bank
D	HDFC Bank

Explanation:

Detailed explanation-1: -Axis Bank launches a representative office in Sharjah, making it the 3rd representative office in the UAE after Dubai and Abu Dhabi. Pictured are Shri Vipul (Consul General of India in Dubai) and Mr Rajiv Anand (Executive Director, Axis Bank) at the inauguration on Sunday. Krishnakumar Kt and 620 others like this.

Detailed explanation-2: -Abu Dhabi Islamic Bank scored highest overall, the index showed, improving on last year’s third place. Rakbank, the winners for the past five years, slipped to second position, with Dubai Bank third while Lloyds TSB won the top international bank award.

Detailed explanation-3: -Mashreq Private Bank has won two prestigious awards at the Global Private Banking Innovation Awards 2021. The Best Private Bank, UAE and Best Private Bank for Funds from Global Private Banker.

Detailed explanation-4: -Emirates National Bank of Dubai (ENBD), Abu Dhabi Commercial Bank (ADCB), Dubai Islamic Bank (DIB), Abu Dhabi Islamic Bank (ADIB), and Mashreq Neo are our top picks.

Detailed explanation-5: -First Abu Dhabi Bank is the largest bank in the United Arab Emirates. It was formed following a merger between First Gulf Bank (FGB) and National Bank of Abu Dhabi. It offers financial solutions, products and services through its Corporate and Investment Banking and Personal Banking franchises.

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