Kolkata, Private lender Bandhan Bank on Tuesday said it has launched a range of products to facilitate international trade.

The bank said in a statement that the products are designed to streamline various aspects of global trade by meeting the needs of both importers and exporters.

The lender launched products such as letters of credit (LC), remittances, bank guarantees, export-import collection bills and bill/invoice discounting.

The new products will empower SMEs and corporates to expand their businesses globally, while retail customers can send money to other countries.

Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank, said, “When we started as a universal bank, we were committed to providing banking solutions to meet the needs of all customers. The business products are in line with that vision. Are".

Bandhan Bank Executive Director and Chief Business Officer Rajinder Babbar said the lender is committed to tackling the complexities of international trade.

“With the launch of trade products, we aim to provide robust financial solutions that empower businesses to expand their global footprint,” he said. DC RG