bancassurance


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bancassurance

(ˈbæŋkəˌʃʊərəns)
n
(Banking & Finance) the selling of insurance products by a bank to its customers
[from French banc bank + assurance assurance]
Translations
References in periodicals archive ?
Ahlibank's clients can now apply for bancassurance products including travel and motor insurance products through any Ahlibank branch located across the country.
said the bank was now targeting to 'sustain the double-digit core earnings growth this year, anchored on the continued expansion of our consumer and middle market lending operations and a greater push to increase non-interest revenues from our other fee-based services like bancassurance.
In the nine months following its launch in April 2017, the bancassurance partnership generated total premiums of P1.
MANILA, Philippines The start-up bancassurance business of UCPB yielded over P1 billion in total premiums last year and is expected to provide the bank with a steady source of topline revenue with high growth potentials.
Global Banking News-November 21, 2017--India's Reliance General Insurance signs bancassurance agreement with Yes Bank
China Construction Bank (Asia) Corporation Limited (CCB (Asia)) and IBM (NYSE: IBM) today announced the development of the first blockchain-enabled bancassurance project in Hong Kong.
UNB was the first bank in the UAE to get their Bancassurance sales team certified in Bancassurance by the Emirates Institute for Banking and Financial Studies (EIBFS).
The agreement was signed in a ceremony held at NBP's Head Office to commemorate the partnership in the wake of the expanding market for Bancassurance.
ISLAMABAD -- National Bank of Pakistan, the largest nation's bank has recently signed a Bancassurance agreement with EFU Life which is one of the country's leading life insurance company.
Emirates NBD signed an agreement with Allianz Egypt for life insurance to offer Bancassurance services for all the bank's clients across Egypt, according to a Wednesday statement.
The Manulife China Bank Life Assurance Corporation (MCBL) further strengthened its alliance with China Banking Corporation (China Bank) following the Bangko Sentral ng Pilipinas' grant of the license to cross-sell bancassurance products to China Bank Savings (CBS), the thrift bank arm of China Bank.
BANKING AND CREDIT NEWS-August 11, 2015-Analysts forecast 6% bancassurance market growth in next 5 years