Established in 1994, Industrial Credit and Investment Corporation of India (ICICI) is an Indian banking and financial services company. ICICI Bank is one of the largest banks in India and operates as a universal bank at its domestic market, providing retail, private, corporate and investment banking products and services. ICICI Bank also conducts selected operations internationally.
Due to regulatory requirements ICICI Bank UK Ltd performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual ICICI Bank UK Ltd will ask him/her to provide the following documents: passport, ID card, utility bill. For corporate clients ICICI Bank UK Ltd will ask to provide corporate documentation as well as information about controlling persons. ICICI Bank UK Ltd may request additional documentation or information depending on the case.
ICICI Bank UK Ltd is the 64th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 3 884,34 mln USD, providing the bank with the market share of 0.03%. In 2018 the bank's annual profit was -25,55 mln USD.
ICICI Bank UK Ltd is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Baa1 (lower medium grade).
ICICI Bank UK Ltd participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. ICICI Bank UK Ltd is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
ICICI Bank UK Ltd is headquartered in London.
ICICI Bank UK Ltd is authorized and supervised by the Financial Conduct Authority (reference number 223268).