Created by Anna Mileiko 
Established in 1919, Union Bank of India is one of the largest public sector banks in India. Union Bank of India (Belgium) was a wholly owned subsidiary of Union Bank of India and provided business banking and trade finance solutions. In 2019, Union Bank of India (Belgium) was closed down.
In 2017, UNION BANK OF INDIA achieved the position of 58th largest bank in Belgium with a market share of 0.03%; its total assets grew by 9.57%.
Deposits up to 100,000 EUR are covered by Belgian deposit guarantee scheme in UNION BANK OF INDIA.
UNION BANK OF INDIA ranked as the 58th largest bank in Belgium by total assets. In 2017 its total assets were 374.49 mln EUR, representing a 0.03% market share.
Guarantee Fund for Financial Services (GFFS)UNION BANK OF INDIA protects deposits up to up to 100,000 EUR per depositor through Belgium's deposit guarantee scheme. The scheme applies to current accounts, deposit accounts made by natural persons (Belgian and foreign), legal entities (Belgian and foreign). The bank participates in the Guarantee Fund for Financial Services (GFFS), making regular contributions into it.
UNION BANK OF INDIA operated as a branch of Union Bank of India (India).
Rijfstraat, 2-4, 2018, ANTWERPEN, Belgium
58UNION BANK OF INDIA was located in ANTWERPEN.
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