Hinduja Bank (Switzerland)

Hinduja Bank (Switzerland) Ltd was founded as a finance company in 1978 and became a Swiss regulated bank in 1994. Hinduja Bank has its headquarters in Geneva and has a developed network in Switzerland including offices in Zurich, Lugano, St Margrethen, and Basel. Additionally, it has a global presence in London, Dubai, Paris, New York City, Mauritius, and Chennai.

The bank's divisions include Wealth Management, Corporate Finance Services, and Global Investment. Hinduja Bank (Switzerland) Ltd is part of the Hinduja Group.

In December 2009, it was announced that Hinduja Bank acquired a majority stake in Chennai-based Patersons Securities.[1]

In February 2010, it was announced Hinduja Bank acquired Lugano-based Banca Commerciale Lugano.[2][3]

Hinduja Bank also has a Middle Eastern subsidiary with a Category 1 Banking Licence, this new licence enables it to provide a full range of banking services from the Dubai International Financial Centre (DIFC). The name of the subsidiary is Hinduja Bank Middle East Ltd (HBME).

Hinduja Bank Middle East Ltd (HBME) is 100% owned subsidiary of Hinduja Bank (Switzerland) Ltd and is a Category 1 licensed Bank in DIFC authorised and regulated by DFSA.