NIB Bank, Jubilee Life join hands

October 26, 2011

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KARACHI – NIB Bank and Jubilee Life Insurance Co. Ltd. (formerly New Jubilee Life Insurance ) joined hands by entering into a Bancassurance accord for selling life insurance products of Jubilee Life through NIB’s branch network, says a press release. The alliance would serve to cater towards savings and protection needs of NIBs clients.

The agreement signing ceremony witnessed the presence of Shahid Sattar, Group Head Retail, SME and Commercial and Adnan Arif Manager Bancassurance of NIB Bank Limited, whereas Jubilee Life was represented by Javed Ahmed, Managing Director & CEO and Farhan A. Faridi, Head of Bancassurance. Speaking on the occasion, Shahid Sattar said, “NIB Bank believes in creating value and convenience for their customers and continues to provide innovative financial solutions.”