PHNOM PENH, CAMBODIA – The announcement of the bancassurance agreement between Vattanac Bank and Dai-ichi Life Insurance (Cambodia) PLC. (“Dai-ichi Life Cambodia”) for cooperation in the distribution of life insurance products was made on Wednesday, April 24, 2019, at a press conference held at Rosewood Hotel in Phnom Penh.
Vattanac Bank is a leading commercial bank in Cambodia, with wide customer base throughout Cambodia. The bancassurance agreement enables market-leading life insurance products of Dai-ichi Life Cambodia to be introduced to the bank’s customers through Vattanac Bank’s extensive network. Vattanac Bank’s customers will also benefit from the financial planning expertise of Dai-ichi Life Cambodia staff who will be located at Vattanac Bank’s branches.
Through this cooperation, Dai-ichi Life Cambodia and Vattanac Bank will further support the Cambodian government’s social development objectives by raising public awareness on the importance of long-term financial planning and enabling peace of mind to Cambodians as they build a sound financial future. Photos supplied.