State Bank of India

Anna MileikoCreated by Anna Mileiko

State Bank of India Logo

Address

Hoveniersstraat, 29, 2018, Antwerpen, Belgium

BIC

SBINBE2X

Overview

Category

Branches of foreign banks

Business Focus

corporate banking

State Bank of India is one of the largest banks in India, providing retail, private, corporate and international banking products and services to individuals, SMEs, farmers and corporations. State Bank of India (Antwerp Branch) offers business banking and trade finance solutions.

Performance

In 2022, State Bank of India achieved the position of 26th largest bank in Belgium with a market share of 0.13%; its total assets grew by 16.98%.

Additionally, the bank became the 8th bank in relation to its loans-to-deposits (L/D) showcasing 113.66% L/D ratio in 2022.

Deposit Protection

Deposits up to 100,000 EUR are covered by Belgian deposit guarantee scheme in State Bank of India.

Services

business banking
trade finance

Products

business accounts
deposit accounts
business loans
syndicated loans

See Also

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Financials

Total Assets of State Bank of India
Market Share of State Bank of India
Total Assets (2023)
1,588.27 mln EUR   (-3.99%)

In 2023 total assets of State Bank of India were 1 588,27 mln EUR.

Deposit Guarantee

Guarantee Fund
Guarantee Fund for Financial Services (GFFS)Guarantee Fund for Financial Services (GFFS)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons (Belgian and foreign)
legal entities (Belgian and foreign)
Covered Accounts
current accounts
deposit accounts

State Bank of India participates in the deposit guarantee scheme of Belgium which applies to current accounts, deposit accounts made by natural persons (Belgian and foreign), legal entities (Belgian and foreign) and covers up to up to 100,000 EUR per bank per depositor. State Bank of India is a member of Guarantee Fund for Financial Services (GFFS) and makes its contributions into it.

See Also

Headquarters

State bank of India (India)

State Bank of India operates as a branch of State bank of India (India).

Contacts

addressHoveniersstraat, 29, 2018, Antwerpen, Belgium

State Bank of India is located in Antwerpen.

See Also

Bank Identifiers

BIC (SWIFT)
SBINBE2X
LEI
549300P3DIW86LCFS227
Company Number
0424025008
MFI ID
BE0424025008
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