Himalayan Bank Limited and Kathmandu Frontiers Associates Pvt. Ltd. (KFA) have entered into an agreement of managing Bank’s Bancassurance Department on Direct Sales Agency Model.
According to a press release issued by the Himalayan Bank, Ashoke SJB Rana, CEO of Himalayan Bank and Resta Jha, Executive Chairman of KFA signed the agreement amidst a function.
Bank will be providing arrays of Life and Non-Life Insurance products to its valued existing and new customers through this arrangement.