Nguyen Minh Tam (R), deputy general director of Sacombank, and Chung Ba Phuong, general director of Manulife Vietnam, the sign cooperation agreement on Monday - Photo: Courtesy of Sacombank

Saigon Thuong Tin Commercial Bank, or Sacombank, and life insurer Manulife Vietnam on Monday signed a cooperation agreement to diversify products and better customer services of the both sides.

The agreement offers customers of Manulife Vietnam more insurance premium payment methods. Clients can settle fees at 410 transaction points of Sacombank by providing contract numbers or authorize the bank to deduct money from their accounts to pay the insurance fees.

Besides, customers can access online payments anywhere with Visa, Master, JCB and Union Pay cards.

The two sides will also cooperate to expand bancassurance, selling insurance products via bank branches, and develop lending and deposit products for customers.

The Saigon Times Daily