Gurans Life Insurance & Prabhu Bank signs MoU for bancassurance service

Gurans Life Insurance Company Limited and Prabhu Bank Limited have signed an agreement to commence Bancassurance service. The agreement has been done to facilitate the life insurance requirement of the Bank’s customers. Mr. Narayan Kumar Bhattarai, Deputy General Manager, Gurans Life Insurance Company Limited, and Mr. Ashok Sherchan, Chief Executive Officer of Prabhu Bank Limited signed an agreement on 21^st March 2016, Monday. Currently, Prabhu Bank has completed merger process with Grand Bank Nepal Limited.The joint operation of the new entity started from 12 February, 2015.