EBL, Shanta Life launch Bancassurance products and services

Eastern Bank PLC (EBL) and Shanta Life Insurance PLC have jointly launched bancassurance products and services, enabling customers to access life insurance solutions directly through banking channels.

The service was officially inaugurated at a ceremony held at EBL’s head office in Dhaka on April 2, marking a significant collaboration between the banking and insurance sectors in Bangladesh, according to a media release. 

Among those present at the launch ceremony were Ali Reza Iftekhar, Managing Director; M. Khorshed Anowar, DMD and Head of Retail and SME Banking; Zahidul Haque, Chief Information and Technology Officer; Sarmin Atik, Head of Liability and Wealth Management; and Md. Raquib, Head of Bancassurance and Student Banking from EBL.

Representing Shanta Life Insurance were Arif Khan and M. Anisul Haque, Directors; Nafis Akhter Ahmed, Chief Executive Officer; Khurshed Kaisar, DMD and Chief Business Officer, among others.