Shanta Life Insurance PLC, a new venture under Shanta Holdings, signed an MoU with Dhaka Bank to provide Bancassurance service through the bank's distribution channel.

Sheikh Mohammad Maroof, managing director & CEO of Dhaka Bank and Nafis A Ahmed, chief executive officer of the Shanta Life Insurance, signed the MoU at the bank's head office in Dhaka recently.

Through this MoU, Shanta Life Insurance intends to leverage the robust banking channel of Dhaka Bank to provide tailored insurance policies to the clients of the latter. This proposition will help to offer more financial products to the customers of the bank.