SBI Canada Bank [SBIC] was established in 1982 and is a wholly owned subsidiary of State Bank of India [SBI] which is the largest Commercial Bank of India.
SBIC is a Schedule II Canadian Bank listed under the "Bank Act".
SBIC is a member of Canadian Deposit Insurance Corporation (CDIC).
SBIC is rendering service to Canada for the last 36 years. The Bank offers variety of products and services to its customers. These encompass retail, commercial, corporate, trade, treasury and remittance needs of our clients.
The Bank is guided in its mission by its Board of Directors, numbering 10, half of whom are Canadian resident n-affiliates members.
The Management team is headed by President & CEO who is supported by a team of senior management with oversight functions of credit management, risk management, legislative compliance, operations, financial control, audit, IT, HR and business development.
SBIC operates through its six branches and one extension counter. Four of these Branches and one extension counter are situated in GTA and 2 are situated in GVA.
Greater Toronto Area:
Branches - Toronto, Mississauga, Scarborough and Brampton
Extension Counter - Mississauga
Greater Vancouver Area:
Branches - Vancouver and Surrey
The vision of SBIC is to endeavour and offer excellent service to all our customers.
The employees of SBIC are well trained and fluent in different languages.