KATHMANDU, Sept 27: Himalayan Bank Limited (HBL) and Kathmandu Frontiers Associates (KFA) have entered into an agreement for managing HBL's 'Bancassurance Department' on Direct Sales Agency Model.
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Ashok SJB Rana, CEO of Himalayan Bank, and Resta Jha, Executive Chairman of KFA, signed the agreement amid a function on Sunday, according to a statement.
"The bank will be providing arrays of life and non-life insurance products to its valued existing and new customers through this arrangement," the statement added.
