November 19: NIC Asia Bank has signed a bancassurance agreement with Life Insurance Corporation (LIC) Nepal.

The bancassurance agreement between the bank and the insurance company was signed amid an event on Sunday, November 18.

Roshan Neupane, acting CEO of NIC Asia Bank, and Abhijit Ghosh, executive CEO of LIC Nepal signed the agreement on behalf of their respective organizations.

According to the agreement, account holders of NIC Asia Bank can now use the life insurance facility of LIC Nepal from any branch of the bank.