ACB, AIA sign banc-assurance deal

Monday, Nov 09, 2015 15:18

Asia Commercial Bank and AIA Life Insurance Limited signed on November 9 an agreement for distributing life insurance products through the bank's network. — VNS Photo courtesy of AIA Vietnam

HCM CITY (Biz Hub) — Asia Commercial Bank and AIA Life Insurance Limited today (November 9) signed an agreement for distributing life insurance products through the bank's network (banc-assurance).

Under the tie-up, the two organisations will provide customers with a wide range of financial and insurance services. They can buy AIA Vietnam's life insurance products at ACB's 346 branches, transaction offices, and priority customer centres nationwide, and pay the premium through the bank.

AIA Vietnam CEO Wayne Besant said, "This co-operation will increase convenience for customers, diversify AIA's distribution channels and expand ACB's service portfolio." — VNS

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