Axis Bank, IIC pact to boost trade with Latin America
July 12th, 2017
Axis Bank has entered into a collaboration with Inter-American Investment Corporation (IIC) to facilitate trade with Latin America and the Caribbean. Axis Bank becomes the first Indian bank to participate in the Trade Finance Facilitation Programme as a confirming bank. IIC, a member of the Inter-American Development Bank Group, is a multilateral development bank committed to supporting the private sector in Latin America and the Caribbean. The Inter-American Investment Corporation (IIC) will be acting on behalf of the Inter-American Development Bank (IDB).