Bancassurance Agreement between HBL and LIC (Nepal)

August 16: Himalayan Bank and Life Insurance Corporation (Nepal) have entered into an agreement of delivering Bancassurance Service. Issuing a press statement, it has been informed that the bank will facilitate life insurance service to its customers as a corporate agent of LIC as per the agreement.

“ Ashoke SJB Rana, CEO of Himalayan Bank and Abhijit Ghosh Dastider, Acting Chief Executive Officer of LIC Nepal signed the agreement amidst a function,” reads the statement.