India�s Axis Bank starts operation in Bangladesh

 Extending its overseas footprint, Axis Bank ysterday opened a representative office in Dhaka, reports PTI from New Delhi.
Indo-Bangladesh trade is growing and opening office in Dhaka would help in leveraging the opportunity, Axis Bank group executive, (corporate relationship group & international business) P Mukherjee, said.
“The bank aims to leverage the growing economic integration between the two countries by actively facilitating trade transactions, both inbound as well as outbound. The bank will also contribute towards employment generation, both directly and indirectly in the country,” he said.
Dhaka operations, primarily focused to promote the trade finance business, will further strengthen the bank’s presence in Asia, he said.
Axis Bank has already established its presence through branches in Singapore, Hong Kong, DIFC—Dubai, Colombo and Shanghai, with representative offices at Dubai and Abu Dhabi and a wholly owned subsidiary in the UK.

India�s Axis Bank starts operation in Bangladesh

Extending its overseas footprint, Axis Bank ysterday opened a representative office in Dhaka, reports PTI from New Delhi. Indo-Bangladesh trade is growing and opening office in Dhaka would help in leveraging the opportunity, Axis Bank group executive, (corporate relationship group international business) P Mukherjee, said. The bank aims to leverage the growing economic integration between the two countries by actively facilitating trade transactions, both inbound as well as outbound. The bank will also contribute towards employment generation, both directly and indirectly in the country, he said. Dhaka operations, primarily focused to promote the trade finance business, will further strengthen the banks presence in Asia, he said. Axis Bank has already established its presence through branches in Singapore, Hong Kong, DIFCDubai, Colombo and Shanghai, with representative offices at Dubai and Abu Dhabi and a wholly owned subsidiary in the UK.