The collaboration for Trade Facilitation Center will enable the Indian entrepreneurs who are members of Alibaba.com to get 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.
This cooperation comes close on the heels of a slew of technology-led services launched by ICICI Bank. The list includes new apps for mobile banking, automated and Touch Banking branches, Tab Banking, banking on Facebook and Twitter, contactless debit and credit cards, and ‘Pockets’, a digital bank on mobile phone.
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