May 25: Shangri-la Development Bank and Siddhartha Insurance have signed bancassuarance service amid a function on Thursday, May 24.

The bank's CEO Rajendra Prasad Poudel and the insurance company's CEO Birendra Baidawar Chhetri signed the agreement on the behalf of their respective organizations.

With the agreement, all kinds of insurance services provided by the insurance company are accessible to the bank's customers through any of the bank's branches spread across the country.