
City Bank has recently signed a Bancassurance agreement with Delta Life Insurance Company Limited at City Bank PLC head office in Dhaka, said a press release on Saturday.
This agreement will enable City Bank customers to buy insurance products of Delta Life Insurance Company Limited directly from the bank under Bancassurance Guideline of Bangladesh Bank and IDRA.
Mashrur Arefin, managing director and CEO of City Bank and Anwarul Haque, CEO (CC) of Delta Life Insurance Company Limited, signed the agreement on behalf of their respective organizations.
Mohammad Mahbubur Rahman, AMD and chief financial officer, Mahia Juned, AMD and chief operating officer, Kazi Azizur Rahman, AMD and chief information officer, AKM. Saif Ullah Kowchar, DMD and head of ICC, Arup Haider DMD and Head of Retail Banking, Ashanur Rahman, chief economist and country business manager, from City Bank and Safiul Alam Khan Chowdhury, consultant, M Miltan Bepari, assistant managing director and chief financial officer of Delta Life Insurance Company Limited and other high officials of both the organizations were present at the signing ceremony.