Home ›› 05 Jun 2023 ›› Corporate
MetLife Bangladesh and Dhaka Bank Limited have announced a first-of-its-kind agreement in the financial sector to provide exclusive benefits to the agents (field forces) of MetLife on a range of Dhaka Bank’s retail banking products.
As a result, MetLife agents (field forces) will be able to avail special offers on savings accounts, credit cards, personal loans, and home loans from Dhaka Bank, reads a press statement on Sunday.
These benefits are exclusively designed to support the financial stability and growth of the MetLife Bangladesh agents.
The agreement was recently signed by Ala Uddin, deputy managing director and chief financial officer of MetLife Bangladesh, and Md Mostaque Ahmed, deputy managing director and chief emerging market officer of Dhaka Bank at the head office of Dhaka Bank in Dhaka.
“In the insurance industry, agents often face challenges securing credit cards and loans. This agreement with Dhaka Bank is a landmark move that addresses these challenges head-on, providing our valued agents with easier access to essential financial products,” MetLife CEO Ala Uddin said on the occasion.
He added, “It is a testament to our commitment to supporting our agents and enhancing their financial flexibility.”
Meanwhile, Md Mostaque Ahmed, chief emerging market officer of dhaka bank, said, “Since its inception, Dhaka Bank has been focused on introducing innovative solutions for the market. We are delighted to collaborate with MetLife in this landmark initiative.”
According to the press statement, this initiative sets a new standard for industry partnerships, providing a blueprint for future collaborations aimed at making insurance agents financially stable across the country.
From MetLife Bangladesh, the agreement signing ceremony was also attended by Farjana Yeasmin, head of agency Services, and Kazi Faruqui. head of Center of Excellence.
Besides, on behalf of Dhaka Bank Limited, Emranul Huq, managing director and CEO, Md Mahbubur Rahman, executive vice president and head of the Treasury Division, Mosleh Saad Mahmud, executive vice president & head of Liability & Cash Management were present at the ceremony as well.