India's leading Nationalized Bank

Bank Of India
DIFC Dubai

Relationship Beyond Banking
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Products & Services

 
Individuals / Undertakings who are residing / operating outside UAE and are eligible to be treated as Professional Client (as defined by Dubai Financial Service Authority) can open deposit account with us.
We offer the following credit facilities to Corporates in or outside UAE in any currency other than Dirham (AED):
  1. Syndication Loans: We participate in syndications of corporate loans arranged by our international banking partners for short- and medium-term requirements.
  2. Trade Finance (TCBG, ULRS etc.): We offer various Trade Finance facilities which include funded and non-funded credit lines with sub limits for Letters of Credit(L/C), Bank Guarantees (BGs), Trust Receipts (TRs), Demand Loans (DL) etc.
  3. Term Loans:We cater to the Medium/Long Term requirements of Industrial Corporates through matching bilateral Term Loans. Term Loans are normally arranged for funding of the following requirements:
    • High value import of capital goods like Plant and machinery.
    • Low-cost Foreign Currency requirements of new projects/expansion.
    We can structure the term loans on various parameters such as tenor, repayment, pricing, security etc. depending on the specific requirement of the corporate.
  4. Project Finance: Gulf is an upcoming market where large projects are being undertaken both in the Industrial and in Infrastructure sectors. We extend financial assistance to green field projects on bilateral basis as well as in association with other banks. We assist entrepreneurs right from the stage of conceptualisation to execution of project.
  5. Working Capital