05-04-2022 10:00
Banks have managed to navigate their way through the chaos of the last few years by diversifying their non-interest income thanks to bancassurance services.
03-04-2022 13:53
With impressive annual premium equivalent (APE) sales in February and March, MB has taken the top spot in the bancassurance market.
15-03-2022 17:21
AIA Vietnam and VPBank on March 15 announced that the former has extended its long-term strategic partnership with the latter for four more years.
14-03-2022 12:53
Canadian life insurer Manulife recently announced their full year global results, delivering a record profit for 2021. Sang Lee, Manulife Vietnam CEO, talked with VIR’s Ha Thuy about the company’s strong financial performance and growth prospects in the Vietnamese market.
26-01-2022 17:13
Bancassurance activities will have to strictly comply with the provisions of the Law on Insurance Business, according to the State Bank of Vietnam (SBV).
14-01-2022 17:00
The Vietnam Bank for Agriculture and Rural Development and FWD Vietnam Life Insurance Co., Ltd. have launched a new bancassurance partnership today, designed to better meet the financial and insurance needs of Vietnamese people.
27-12-2021 14:10
Mirae Asset Prévoir Life Insurance Co., Ltd. (Mirae Asset Prévoir) and Viet A Commercial Joint Stock Bank (VietABank) have recently announced an exclusive distribution agreement for life insurance products, or bancassurance.
07-10-2021 18:08
As top players in their field, Techcombank and Manulife Vietnam Limited have reaffirmed their bancassurance partnership to capture new opportunities.
01-10-2021 16:54
Canadian life insurer Manulife Vietnam and Ho Chi Minh City-based commercial lender SCB have marked the sixth anniversary of their bancassurance partnership by reaffirming a shared commitment to help address the growing financial and insurance needs of Vietnamese people.
10-09-2021 08:00
Bancassurance is prefigured to gain new momentum thanks to its win-win doctrine which generates a generous amount of upfront fees for banks, while insurers could leverage banks’ wide-ranging network despite the rigorous social restrictions.
19-05-2021 08:00
Recent compulsory bundling of insurance policies with banking products despite customer unwillingness has triggered concerns over bancassurance activities in Vietnam, and as a result authorities are strengthening inspections of such rampant insurance cross-selling mechanisms.
12-05-2021 08:00
Vietnam’s banks are taking advantage of the increasing demand of high-quality insurance services, which in turn bring vast potential to their future income, while both local and foreign insurers are proactively expanding their bancassurance network.
05-05-2021 17:55
Ho Chi Minh City-based bank HDBank would choose a life insurer partner for an exclusive bancassurance deal, believing the deal would be of great significance in the coming time.
02-02-2021 01:23
Sun Life Vietnam, a local subsidiary of Canada-based financial group Sun Life, has just been approved by the Ministry of Finance to increase its charter capital from VND5.070 trillion ($220.43 million) to VND14.380 trillion ($625.2 million).
14-12-2020 12:39
Canada’s leading insurer Manulife and local lender VietinBank will sign an exclusive bancassurance agreement in Hanoi this week.