Yes Bank join hands with Santander UK for banking services

On July 4, 2017, India’s fourth largest private sector bank, Yes Bank reported that they have signed a Memorandum of Understanding (MOU) with Santander UK (a wholly owned subsidiary of the Spanish Santander Group) in order to promote India-UK trade and local business networking opportunities.

After the tie-up between both of these bank, Santander will be able to offer its Britain clients access to banking facilities as well as would be able to get the local support in India via Yes bank’s network.

 This partnership will also provide the financial support and services to the clients of Yes bank who want to trade internationally. 
 
On July 5,2017, Yes bank was trading at Rs 1492, up by 0.45 per cent on BSE at 09:56 hours. It opened at Rs 1499 while on Tuesday it closed at Rs 1485.30. While S&P BSE Bankex was trading at 26304.29, up by 0.11 per cent.
  
Santander UK has global network in 10 major markets with more than 12,000 branches worldwide and has a network of international alliance partners. While Yes bank has a pan India footprint with about 1,000 branches across 29 states as well as seven union territories of India.