Bandhan Bank announces new trade products to boost global business transactions

Bandhan Bank has launched a suite of trade products aimed at facilitating global business transactions, enhancing financial flexibility for importers and exporters. In a bid to streamline and secure international business operations, Bandhan Bank has introduced a range of trade products tailored to meet the diverse needs of its customers. These products include Remittances, Letters of Credit (LCs), Bank Guarantees (BGs), Export Import Collection bills, and bill/invoice discounting.

 The initiative is expected to bolster the confidence of businesses engaged in global trade.Rajinder Babbar, Executive Director and Chief Business Officer of Bandhan Bank, emphasized the bank’s commitment to supporting customers in the complex landscape of international trade. “With the launch of these enhanced trade products, we aim to provide robust financial tools that empower businesses to expand their global footprint with confidence,” said Babbar. “Our focus remains on delivering excellence and value, ensuring that our customers achieve their business objectives efficiently and securely.”

The new trade products are designed to benefit not only SME and corporate customers but also retail clients, offering them opportunities for global remittances.In Agartala, businesses are expected to significantly benefit from these new offerings, providing local entrepreneurs with the tools needed to expand their market reach internationally. The enhanced financial services will support Agartala’s growing commercial sector, fostering economic growth and development in the region.