September 10: NIC Asia Bank and Asian Life Insurance Company signed a bancassurance agreement amid a recent event in the capital.
Eoshan Kumar Neupane, acting CEO of NIC Asia Bank, and Rajesh Kumar Shrestha, CEO of Asian Life Insurance Company, signed the agreement on behalf of their respective organizations.
As per the agreement, the account holders of the bank can now avail life insurance policies of the insurance company from any of the 244 branches of NIC Asia Bank.
The bank said in a statement that it has been providing banking service across the country with a network of 244 branches, 238 ATM counters, 14 extension counters and 18 branchless banking facilities.