20 employees generating an income of Rs 2700 Lakhs per employee, second only to Bank of Nova Scotia. That’s ADB or Antwerp Diamond Bank in India for you.
Launched in India in the year 2002 in Mumbai, the bank has only one branch in India. Its activities in India are limited to Retail banking solutions.
The bank was formed in the year 1934 in Belgium as Comptoir Diamantaire Anversois S.A. by the Société Belge de Banque. In spite of the over 75 year old history the bank has only 180 people across 7 locations in the world. Its main activities are in lending credit to the Diamond Industry. In a very literal sense it really caters to only the crème-de-la-crème of Industry and clients.
As can be seen from the brief profile of the bank, it is not involved in the retail loans or credit card businesses in India, unlike many of its peers.
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