2017年10月20日星期五
 
專家論市
Martin Hennecke

AIA and Bangkok Bank link
 
13/10/2017
 
Insurance giant AIA Group (1299) has entered a strategic bancassurance agreement with Bangkok Bank Public Company, which is also known as Bangkok Bank in Thailand.

The agreement will take effect in the first half of next year and is valid for 15 years during when the bank will exclusively distribute AIA Thailand's protection and long-term saving products, excluding certain endowment savings and credit life products.

The chief executive of the group, Ng Keng Hooi, called the partnership a significant opportunity for AIA for business expansion in Thailand, and said it could strengthen the group's leadership.

Bangkok is the largest bank in Thailand in terms of capital assets owned.

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