Money & Banking

ICICI Bank, tie up for SMEs

Our Bureau Mumbai | Updated on January 24, 2018

ICICI Bank, India’s largest private sector bank announced its association with for the launch of the Trade Facilitation Center, a single window facility to provide easier trade finance to the small and medium enterprises in India.

The collaboration for Trade Facilitation Center will enable the Indian entrepreneurs who are members of to get quick access to an array of integrated business services from ICICI Bank including business loans, cash management solutions, foreign exchange transactions, bank guarantees and cross-border remittances, in addition to privileges and discounts.

Rajiv Sabharwal, Executive Director, ICICI Bank said, “We are delighted to be the first bank in India to partner with for their online Trade Facilitation Centre. ICICI Bank has been leading with innovations in the online space. This collaboration underlines our commitment to providing users with banking solutions that simplify their lives. With this, we will offer to the members of special propositions across our entire spectrum of business services ranging from accounts, letter of credit, bank guarantees, remittances, forex, loans and cash management solutions. We believe this access to quick and integrated banking will enable Indian entrepreneurs to propel their business on the global platform.”

Bhushan Patil, Channels Director, in India said, “With Trade Facilitation Center, expects to offer access to various financing, credit and logistics services provided by ICICI Bank for our Indian customers. We have also worked to sweeten this proposition by enabling’s members in India to enjoy better rates and discounts on ICICI Bank’s products and services.”

Published on June 22, 2015

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