City Bank sells 5,000 Guardian's policies through bancassurance

FE Team | Published: August 26, 2025 00:22:42 | Updated: August 26, 2025 00:24:30

City Bank, in partnership with Guardian Life Insurance Limited, has achieved a major milestone by selling 5,000 insurance policies through its bancassurance channel. This achievement makes City Bank the leading bancassurance partner in terms of policies sold within a short period.
The milestone reflects the strong market acceptance of Guardian's products - including Guardian Child Protection Plan, Guardian 4 Stage Plan, Guardian Sanchoy, Guardian Pension Plan, and Guardian Probridhi - which City Bank has been actively offering to its customers, says a press statement.
As the first bank to issue a Guardian Life bancassurance policy in Bangladesh, City Bank has played a pioneering role in expanding customer access to insurance solutions. The rapid success demonstrates both the trust customers place in Guardian's innovative, customer-centric products and City Bank's commitment to delivering comprehensive financial solutions.