January 25: Shangri-la Development Bank and Asian Life Insurance have signed an agreement to provide bancassurance service to their customers. The bank’s CEO Suyog Shrestha and the insurance company’s CEO Rajesh Kumar Shrestha signed the agreement on behalf of their respective organizations.

According to the agreement, the bank’s customers, shareholders and staff can avail all kinds of life insurance services provided by the insurance company from any of the branches of the bank.