| UBI signs MoU with three Myanmar banks |
 |
 |
 |
| Written by Business Standard India | |
| Thursday, 26 June 2008 00:00 | |
|
Press Trust of India / Kolkata June 26, 2008, 18:38 IST United Bank of India (UBI) has entered into an agreement with Myanmar Foreign Trade Bank, Myanmar Investment & Commercial Bank and Myanmar Economic Bank for routing border trade transactions. A Union Bank of India release said today that the agreement was signed in Myanmar in presence of Minister of State for Commerce Jairam Ramesh in Yangon on Tuesday. UBI would be the designated bank in India for routing border trade transactions with Myanmar through the Moreh-Tamu point in Manipur. |
