ABA Bank signs long-term Exclusive Partnership Agreement with Manulife Cambodia
On 26th June 2017 ABA Bank officially signed exclusive 15-year Partnership Agreement with Manulife Cambodia. This agreement denotes the long-term cooperation between the two financial institutions and assigns Manulife as the exclusive provider of life insurance solutions to ABA customers. The official Partnership Agreement signing ceremony took place at Raffles Hotel Le Royal Phnom Penh and was witnessed by ABA and Manulife key management teams.
Speaking on this special occasion, Mr. Askhat Azhikhanov, CEO of ABA Bank said: “This partnership allows offering our valued customers quality life insurance products for their protection. It means that our clients get more reliable tools to make their lives and lives of their families safer. In addition to ABA’s short-term saving products, our customers also gain access to long-term saving products for, let us say, their child’s education or saving for own retirement. And for this, we have chosen a truly professional player in the global market of life insurance, Manulife.”
“With this partnership, we are deepening on the relationship with ABA Bank, and I think the fact that we have Canadian parents will allow us to work closer. With the two teams working together, we will maximize that great opportunity. Optimizing bancassurance is one of our strategic pillars in Asia. Manulife has a highly successful bancassurance partnership across 12 markets in Asia including in Cambodia,” stated Mr. Robert Elliott, CEO and General Manager of Manulife Cambodia.
ABA Bank customers can discuss their financial goals with Manulife Insurance Specialists who are stationed at ABA available in 24 branches of ABA which located in Phnom Penh, Siem Reap, Sihanoukville, Bantey Meanchey, and Kampong Cham.
About Manulife Cambodia
Manulife Cambodia (www.manulife.com.kh) started its operations on June 28, 2012. As the first wholly foreign-owned life insurance company in the Kingdom, Manulife Cambodia is committed to providing its customers with much needed financial protection through its products and services. In Cambodia, Manulife has protected over 40,000 people with total sum assured of over USD 800 million.
Manulife Financial Corporation (www.manulife.com or www.johnhancock.com) is a leading international financial services group providing forward-thinking solutions to help people with their big financial decisions. The Corporation operates as John Hancock in the United States, and Manulife elsewhere. At the end of 2016, Manulife had 35,000 employees globally, 70,000 agents, thousands of distribution partners and serving more than 22 million customers worldwide. The global headquarters of the Corporation is in Toronto, Canada.