Banks will sell insurance policies issued by FILICL to its customers in the system of Bancassurance guidelines issued by Bangladesh Bank

Mohammad Feroz Hossain, Managing Director and CEO of Exim Bank PLC and Md. Apel Mahmud, Managing Director and CEO of Fareast Islami Life Insurance Company Limited (FILICL), exchange document after signing an agreement held at the bank’s head office in the capital on Thursday. Under the deal, the bank will sell insurance policies issued by FILICL to its customers in the system of Bancassurance guidelines issued by Bangladesh Bank and Insurance Development and Regulatory Authority (IDRA). Senior officials from both sides were present.