KATHMANDU, May 7: Shangrila Development Bank Ltd and Life Insurance Corporation (LIC) Nepal have entered into bancassurance agreement to provide the latter's insurance products to clients of the development bank.
KATHMANDU, Dec 13: Global IME Bank has made an agreement on Tuesday with MetLife Insurance to provide its depositors and borrowers with life insurance. Issuing a statement, Global IME said that the joint program has been given the tagline of 'Bancassurance'.
KATHMANDU, June 24: Beema Samiti - the insurance sector regulator - has proposed to the central bank to make needful arrangement for forging a tie-up between commercial banks and insurance companies to expand insurance services at the local level.
KATHMANDU, Nov 22: Bank of Kathmandu Lumbini (BoKL) and Siddhartha Insurance Company Ltd (SICL) on Tuesday signed a Memorandum of Understanding (MoU) to provide bancassurance service to the bank's customers.