City Bank has signed an agreement with Pioneer Insurance Company Limited
(PICL) to commence the sale of non-life insurance policies under
Bancassurance. The signing ceremony was held at the bank’s head office
in the capital rec ently.
Under the deal, City Bank will offer insurance policy to its customer,
issued byPioneer Insurance Company Limited under Bancassurance Guideline
by Bangladesh Bank & IDRA.
Mashrur Arefin, MD& CEO of City Bank and Syed Shahriyar Ahsan, Chief
Executive Officer of Pioneer Insurance Company Limited signed the
agreement on behalf of their respective organizations. Sheikh Mohammad
Maroof, AMD & Chief Business Officer; Mohammad Mahbubur Rahman, AMD
& Chief Financial Officer; Kazi Azizur Rahman, DMD of bank and other
senior officials from both sides were present.