ABE, Misr Life Insurance to provide bank insurance services

Misr Life Insurance will market and provide its services and insurance programs through 100 branches of the bank in the villages covered by the first phase of the presidential initiative Decent Life

  
Employees work at their counters at a bank in Cairo February 20, 2011.

Employees work at their counters at a bank in Cairo February 20, 2011.

REUTERS/Suhaib Salem
 

Egypt - Agricultural Bank of Egypt (ABE) and the Misr Life Insurance Company signed an agreement to provide bank insurance services to villages of Decent Life, Daily News cited Chairperson of ABE Alaa Farouk.

Under the deal, Misr Life Insurance will market and provide its services and insurance programs through 100 branches of the bank in the villages covered by the first phase of the presidential initiative Decent Life.

The deal aims to contribute to the implementation of the objectives of the Decent Life initiative, by providing all its banking and financial services and ensuring that they reach a wide sector of the rural population.

Farouk said that the step falls in line with the bank’s efforts to diversify its banking services and products.

He added that the bank also aims to meet the needs of its customers from all segments of society, in a way that contributes to achieving financial inclusion, under the directives of the Central Bank of Egypt.

 

Copyright © 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Financial Services