Axis Bank Ltd.

Axis Bank, India’s third largest private bank, has opened its Representative Office in Dhaka, Bangladesh. The Representative Office, located at Laila Tower, 5th Floor, 8, Gulshan Avenue, would primarily promote the Bank’s Trade Finance business arising from Indo-Bangladesh and also tap opportunities arising from trade flows between Bangladesh and major financial markets, where the Bank has a presence. The Representative Office will also enable the Bank to move up the value chain and enhance its risk return, through secondary market risk participations with banks in Bangladesh.

Axis Bank has already established its presence through branches in Singapore, Hong Kong DIFC -Dubai, Colombo and Shanghai, Representative Offices at Dubai & Abu Dhabi and Axis Bank UK, a wholly-owned subsidiary of the Bank. The Business offerings include Corporate Loans, Trade Finance Products, Debt Syndication and Liability Business. Total Overseas Assets of the Bank stood at USD 7.51 billion, as on September 30, 2015.