Axis Bank and ADB collaborate to offer supply chain finance

Axis Bank has signed a USD 150 million Partial Guarantee Facility Agreement (PGFA) with the Asian Development Bank (ADB) to support supply chain financing for impact sectors. The programme will have a special focus on ESG (environmental, social and governance).

The deal will help Axis Bank to boost its support of SMEs, contribute to economic growth, and create jobs that improve people’s lives.

Axis Bank CEO: Amitabh Chaudhry

ADB President: Masatsugu Asakawa