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14-Feb2019

Edelweiss Group, Bank of Singapore ink MoU to form strategic partnership

Edelweiss Financial Services' parent company -- Edelweiss Group and Bank of Singapore, a leading Asian Private Bank, have signed a Memorandum of Understanding (MoU) to form a strategic partnership to provide clients of both entities the opportunity to access their respective product platforms - Bank of Singapore's wide range of global investment solutions offered through its open‐architecture platform and Edelweiss's robust wealth solutions and investment opportunities in India.

This partnership will allow Bank of Singapore to significantly raise its profile in one of Asia's fastest growing wealth markets through one of India's largest industry players. India's total personal wealth is expected to top $5 trillion by 2022 according to Boston Consulting Group. 

Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments - agency business and holding company activities.


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