Bank of Baroda wins EAG Laureate award on Financial Security

Bank of Baroda wins EAG Laureate award on Financial Security

Daily Current Affairs   /   Bank of Baroda wins EAG Laureate award on Financial Security

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Category : Awards Published on: December 09 2022

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  • State-owned Bank of Baroda has bagged an EAG Laureate award in the International Olympiad of Financial Security held at Sochi, Russia.
  • The Eurasian group on combating money laundering and terrorism (EAG) is a FATF type regional which comprises of 9 members including India.
  • The Financial Action Task Force (FATF) is the global anti- money laundering and anti- terrorist financing body.  
  • It is the second largest public sector bank in India after State Bank of India (SBI).
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