KATHMANDU, Dec 29: Lumbini Bank Limited and Nepal Insurance Company Limited have signed an agreement to facilitate non-life insurance requirement of the bank's customers. Ritesh Lamichhane, Lumbini's Head of Marketing and Chandra Singh Saud, CEO of Nepal Insurance, signed the agreement on behalf of their respective institutions.
Lumbini Bank, Sagarmatha sign 'bancassurance' agreement
"With this arrangement, the bank's existing and potential customers can now have quick and hassle-free access to non-life insurance products from the bank's branch offices spread across the country," a joint statement issued after the signing ceremony said.