Shangrila Development Bank under bancassurance agreement with Prabhu Life Insurance; shareholders, employees and customers of the bank can avail services
Shangrila Development Bank has signed an agreement of bancassurance with Prabhu Life Insurance on Baisakh 26, 2075. The agreement was signed between CEO of the bank Mr. Rajendra Prasad Paudel and CEO of the insurance company Mr. Kishor Prasad Lamichhane. Following the agreement, all the employees, shareholders and customers of the bank can avail all the life insurance policies and services of the insurance company from every branch of the development bank.