CBL, LICN sign pact

KATHMANDU: Civil Bank Ltd (CBL) has entered into an agreement with Life Insurance Corporation Nepal (LICN) as its agent to sell life insurance policies.

The pact was signed by Chief Executive Officer Govinda Gurung of CBL and Chief Executive Officer of LICN Abhijit Ghosh Dastidar, as per a press release.

Following the agreement, customers can now insure their life through any of the 56 branches of Civil Bank across the country in a convenient manner said Civil Bank’s CEO Gurung.

Prior to this, the bank had been offering non-life insurance products to its customers.