Prudential, Maritime Bank establish first bancassurance partnership

Monday, Nov 18, 2013 15:34

Prudential Assurance Vietnam Company and Vietnam Maritime Commercial Joint Stock Bank have signed an agreement to establish a 10-year strategic partnership to grow bancassurance business in Viet Nam.— VNS Photo

HCM CITY (Biz Hub) — Prudential Assurance Vietnam Company and Vietnam Maritime Commercial Joint Stock Bank have signed an agreement to establish a 10-year strategic partnership to grow bancassurance business in Viet Nam.

The exclusive bancassurance partnership, the first one of its kind in Viet Nam, will allow Prudential to distribute its products at Maritime Bank's 220 bank branches and transaction offices nationwide.

"This strategic alliance will help us achieve our objective of providing comprehensive insurance packages to our customers, increasing revenue," said Atul Malik, CEO of Maritime Bank. —VNS

Comments (0)

Statistic