Viet Capital Bank and Bao Minh Insurance Corporation on August 31 signed a bancassurance deal for non-life insurance.

Bao Minh Insurance Corporation will distribute its insurance products for assets, cargo, private homes, automobiles, personal health and accident, family health, domestic and international travel and others through Viet Capital Bank’s network of more than 62 branches in the country.

According to Viet Capital Bank, the tie-up will enable it to deliver the most cost effective and practical insurance products and services to customers.

Le Van Thanh, general director of Bao Minh, said after nearly 10 years of involvement in bancassurance, his company is confident of co-ordinating with Viet Capital Bank to offer appropriate product packages to customers. — VNS