Green Delta Insurance, BRAC Bank and Swiss Contact signed a memorandum of understanding (MoU), aimed at providing livestock insurance to marginal farmers.
The scheme is likely to benefit the marginal livestock farmers who often face loss of the cattle due to accidents, diseases etc.
In August 2019, BRAC Bank and Green Delta Insurance in association with the Business Finance for the Poor in Bangladesh (BFP-B) inaugurated Bangladesh’s first ever livestock insurance coverage for the cattle farmers.
Selim RF Hussain, managing director & CEO of BRAC Bank was present at the signing ceremony held at the bank’s headquarters. Farzanah Chowdhury, managing director & CEO of Green Delta Insurance joined through virtual meet up.
Source: Business Insider