Citizens Bank & LIC Nepal signs for ‘Bancassurance’ pact

Citizens Bank International Limited has signed an agreement with Life Insurance Corporation Nepal for Bancassurance. Mr. Rajan Singh Bhandari, CEO of Citizens Bank and Mr. P.R.Mishra, CEO of Life Insurance Corporation Nepal signed the agreement. Issuing a press statement today it stated that the agreement between Citizens Bank and Life Insurance Corporation Nepal has enabled its customers to receive entire insurance services from any branches of the bank. At present the bank is rendering professionalized & efficient banking services through its widest domestic network of 56 branches, 46 ATMs and 89 branchless banking service.