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Search Results: 69 results for keyword "bancassurance".
Prudential Vietnam and SeABank strengthen strategic partnership
04-12-2020 15:04
At the first anniversary of the 20-year exclusive bancassurance partnership between UK-backed life insurer Prudential Vietnam and Hanoi-based commercial lender Southeast Asia Bank (SeABank), the two companies signed an MoU to distribute Prudential Vietnam’s digital insurance product PRU-Guard 24/7 through SeABank’s e-banking platform.
Sun Life Vietnam and ACB announce 15-year exclusive bancassurance partnership in Vietnam
03-12-2020 09:00
Vietnam's financial institutions are enjoying a rise in bancassurance activities with more monopoly deals coming.
ACB and Sun Life Vietnam announce exclusive bancassurance partnership
21-11-2020 12:41
Asia Commercial Joint Stock Bank (ACB) and Sun Life Vietnam Insurance Co., Ltd. on November 18 announced that they have formed a 15-year exclusive bancassurance partnership in Vietnam.
Banks cautioned over bancassurance
20-11-2020 21:03
The Vietnamese central bank has emphasised that lenders are not allowed to force customers to buy compulsory insurance products to receive bank loans, even as bancassurance services have become a strategic priority for many.
Prudential Vietnam and SeABank establish exclusive bancassurance partnership
06-01-2020 10:00
Prudential Vietnam Assurance Private Ltd. (Prudential Vietnam), a subsidiary of Prudential Plc., and Southeast Asia Commercial Joint Stock Bank (SeABank) have entered into an exclusive bancassurance partnership with a 20-year term. Prudential Vietnam will also become the preferred life insurance provider to BRG Group, a leading conglomerate in Vietnam with approximately 10 million customers. The partnership is expected to be effective from April 2020.
Life insurance widens sales to pharmaceuticals and supermarkets
26-12-2019 17:15
In addition to existing sales channels like agencies, bancassurance, co-operation with real estate companies, or online sales, life insurance companies continue to diversify distribution channels by adding pharmaceuticals and supermarkets.
Sun Life Vietnam and TPBank announce exclusive bancassurance agreement in Vietnam
27-11-2019 14:14
Sun Life Vietnam Insurance Company Limited (Sun Life Vietnam) and Tien Phong Commercial Bank (TPBank) today announced a 15-year exclusive bancassurance partnership in Vietnam.
Digital innovation key growth factor for bancassurance development
26-11-2019 14:53
Generali Vietnam, along with Orient Commercial Joint Stock Bank, recently entered into a 15-year strategic and exclusive bancassurance partnership, amid huge market potential and rising demand for financial and insurance products in the country. VIR’s Phu Canh spoke with Generali Vietnam CEO Tina Nguyen on the trends and outlook of bancassurance in Vietnam.
Bancassurance on the up in Vietnam
07-11-2019 12:18
Vietnam’s financial institutions are enjoying a rise in bancassurance activities, which promise strong growth amid the diminishing bank segment with regulator-driven bank consolidation.
Manulife Vietnam forges bancassurance partnership with ACB
11-09-2019 11:08
Manulife Vietnam has just announced a bancassurance partnership with Ho Chi Minh City-based commercial lender Asia Commercial Bank, signalling its commitment to helping more people live better lives.
Bancassurance becomes main service earner for banks
11-08-2019 10:44
Instead of the modest contribution made previously, the insurance business segment, or bancassurance (banks co-operate with insurers to sell insurance products), has now become the main source of income from service activities for many banks.
Banks, insurers boost bancassurance to get returns
03-03-2019 12:02
Banks and insurance companies are ramping up co-operation in selling life insurance products (bancassurance) to cash in on the high growth segment as some have posted annual triple-digit growth rates in the business.
Manulife Vietnam continues paying additional interest to customers
08-11-2018 18:06
Some customers of Manulife Vietnam have just received nearly $3 million in additional interest income by virtue of the company’s outstanding performance last year.
MB Ageas Life thrives on bancassurance
17-07-2018 08:00
MB Ageas Life Insurance Company, a joint venture between Military Commercial Joint Stock Bank and two foreign shareholders – insurance group Ageas and Muang Thai Life Assurance PCL – has reaped outcomes beyond expectations just over a year after its debut. Gary Crist, CEO in Asia of Ageas and vice chairman of the MB Ageas Life Members' Council, spoke to VIR’s Bach Quang about the next steps in a high-potential market such as Vietnam.
Bancassurance to boost bank profits
14-06-2018 08:00
Partnerships with insurance firms are expected to bring in a huge amount of cash for Vietnamese banks, who want to diversify their non-interest income.
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