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bancassurance

   Also found in: Financial, Wikipedia 0.01 sec.
bancassurance [ˈbæŋkəˌʃʊərəns]
n
(Economics, Accounting & Finance / Banking & Finance) the selling of insurance products by a bank to its customers
[from French banc bank + assurance assurance]
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Summary: Bancassurance has come to play a central role in the strategy of the Moroccan banks, which seek to establish themselves as one-stop shops for retail financial services, offering everything from investment banking to mortgage lending, said Wednesday the London-based Oxford Business Group (OBG).
Bancassurance, central role in Moroccan banks' strategy, (OBG) by UMCI News (Potomac Falls, VA)
ISLAMABAD, September 07, 2009 (Balochistan Times): MCB Bank Limited Monday joined hands with Adamjee Life to offer Bancassurance products to MCB customers.
MCB inks Bancassurance agreement with Adamjee Life by Balochistan Times (Baluchistan Province, Pakistan)
as part of a "strategic bancassurance joint venture," Ayala subsidiary Bank of the Philippine Islands (BPI) said in a statement.
Ayala teams up with AIG's Philippines insurance unit by AFP / AFP Asian Edition
 
 
 
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