Axis Bank collaborates with IIC

13 Jul 2017

Axis Bank announced its collaboration with Inter-American Investment Corporation (IIC) to facilitate trade with Latin America and the Caribbean. Axis Bank is the first Indian Bank to participate in the Trade Finance Facilitation Program (TFFP) as a confirming bank.
The IIC, acting on behalf of the IDB, is recognized as an honest broker in the region. The value comes from being able to unite the experience of the public sector with the expertise and agility of the private sector.
Sidharth Rath, Group Executive said, “By virtue of this collaboration, we will further strengthen our international trade relations in the region. We are looking at growing trade financing overseas and this is another step towards serving our customers internationally. We are confident that this partnership will accelerate trade relations between India and the South American continent.” (EOIC)