Fareast Islami Life Insurance Company Limited has entered into a corporate agreement with Exim Bank to initiate the sale of life insurance policies through Bancassurance. The agreement was signed by the managing directors and CEOs of both organizations in a ceremony held at Exim Bank’s head office.
The partnership, governed by the Bancassurance guidelines issued by Bangladesh Bank and the Insurance Development and Regulatory Authority (IDRA), will enable Exim Bank to offer Fareast Islami Life Insurance policies to its customers. Senior executives from both organizations, including additional managing directors and directors, attended the signing event.