Eastern Bank Limited partners with Shanta Life Insurance
Eastern Bank PLC (EBL) has signed a memorandum of understanding (MoU) with Shanta Life Insurance to introduce innovative insurance solutions through its banking network.
The signing ceremony took place at EBL's head office in Dhaka on 26 August. M Khorshed Anowar, Deputy Managing Director, Head of Retail and SME Banking, and Chief Bancassurance Officer of EBL, and M Khurshed Kaisar, Deputy Managing Director and Chief Distribution Officer of Shanta Life Insurance, signed the agreement on behalf of their respective organisations.
Senior officials attending were Sarmin Atik, Head of Liability and Wealth Management, and Md Raquib, Head of Bancassurance and Student Banking at EBL. Nafis Akhter Ahmed, CEO, and Mashfiqur Rahman, Head of Bancassurance at Shanta Life Insurance, were also present.
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The partnership aims to provide customers with greater financial security by enabling access to a range of insurance products directly through EBL's banking services, offering convenience, simplified processes, and tailored financial protection under one platform.
