Citibank Mexico and Marrakech have announced a strategic alliance to offer e-procurement services to mutual corporate clients throughout Latin America.
The Marrakech Global Commerce Network is an Internet based trading platform which integrates procurement and payment services into a neutral network for buyers, suppliers, banks, marketplaces and other intermediaries.
"It is a unique network that links together buyers, suppliers, and financial institutions," states Julio de Quesada, president and general director of Citibank Mexico.
Citibank and Marrakech are working together to offer their customers access to Citibank financial services such as credits, invoice, discounting and factoring, alongside online procurement.