BoA launches GTS in India

New Delhi, Nov 23 | Updated: Nov 24 2005, 06:09am hrs
Bank of America (BoA) on Wednesday launched global treasury services (GTS) in India to provide cash management and trade finance facilities mainly to corporate clients. India is an exciting market with firms performing well and more firms heading overseas for business expansion. It gives us an opportunity to offer treasury services which cuts cost and helps them compete globally, BoA, senior VP, Richard P Linebaugh said.

He said the bank offers sophisticated and tailored treasury and working capital solutions to clients to achieve their goals in the global market place.

PTI