ICICI Bank pact with Alibaba

ICICI Bank has associated with Alibaba for the launch of the Trade Facilitation Centre, a single window facility to provide easier trade finance to small and medium enterprises in India.

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