Bank of Baroda

Bank of Baroda in the UAE

Bank of Baroda, a leading global bank, has a significant presence in the United Arab Emirates (UAE) with its financial and banking services geared towards both individual and corporate customers. Founded in 1974, the bank offers a range of services, from personal banking to digital banking. The bank operates through five branches across the UAE with nine customer service centers and a total of 45 ATMs spread across all the emirates. The bank's headquarters in the UAE is situated in Dubai, in the prominent SH. Rashid Building on Ali Bin Ali Talib Road.

Services and Operations

Bank of Baroda UAE caters to all the banking needs of its customers by offering various personal banking services including deposit accounts and digital banking. The bank's digital banking services include internet and mobile banking, allowing customers to manage their finances online. The 'bob World UAE' is the bank's mobile banking application which is an upgrade from its previous app 'M-Connect'.

In addition to the personal banking services, Bank of Baroda UAE also offers correspondent banking and NRI services. The bank's Abudhabi branch operates from 08:00 AM to 02:00 PM and 03:30 PM to 05:30 PM.

Global Presence

Bank of Baroda is not only limited to the UAE, but its services extend globally, including the USA where it offers financial banking services like correspondent banking, deposit accounts, and NRI services. However, its extensive operations and global presence do not exempt it from regulatory scrutiny. The Central Bank of the UAE has previously fined the Bank of Baroda's GCC operations in Dubai for compliance deficiencies.