Pan Asia Bank and LOLC Life Assurance to offer bancassurance

Wednesday, 1 January 2020 00:00 - - {{hitsCtrl.values.hits}}

From left: Senior Manager Bancassurance and Partnerships Nalin Wijesinghe, Head of Sales – Life Roshan Peiris, LOLC Life Assurance COO Nadika Opatha, LOLC Life Assurance CEO and LOLC Group Chief Legal Officer Kithsiri Gunawardana, Pan Asia Bank Director/CEO Nimal Tillekeratne, Pan Asia Bank Senior DGM Naleen Edirisinghe, Executive Insurance Rivinuwan Udage and Manager Bancassurance and Partnerships Saraka Liyanage

Pan Asia Bank recently signed an arrangement with LOLC Life Assurance Limited to offer its customers across Sri Lanka, a wide range of insurance products. As part of this strategic tie-up, insurance Officers from LOLC Life Assurance Company will work closely with selected set of Pan Asia Bank Branches and offer insurance products to Pan Asia Bank customers.

Pan Asia Bank Director/Chief Executive Officer Nimal Tillekeratne stated: “Pan Asia Bank always strives to give customers, the best of convenience and value for money. As we celebrate 25 years of banking in 2020, we are happy to join LOLC Life and enhance the portfolio of services available to customers through our branch network.”

The signing of MOU with regard to this operation took place recently at Pan Asia Bank head office, with the participation of top officials from both companies.