Accordingly, NCB Bank and Bao Viet Life commit to cooperate on the basis of maximizing the potential of both sides, prioritizing the use of each side's products and services to create business efficiency, enhance the position and competitiveness of each side.
The two sides will also closely coordinate in product development and customer care activities to provide the best product and service quality and enhance customer experience.
With this cooperation, NCB and Bao Viet Life will provide customers and the market with life insurance products with superior benefits, a team of well-trained, professional consultants with high compliance, providing solutions to meet customers' financial protection and investment needs.
This is not only a financial support that helps protect customers and their families from unexpected risks, but also an effective solution to accompany customers in building a long-term financial fund, serving major goals in life in addition to the financial solutions that NCB is providing to the market.
Speaking at the ceremony, Mr. Pham Ngoc Son - General Director of Bao Viet Life Corporation shared: "The success of any cooperative relationship is based on consensus on vision, goals and commitment to mutual development.
The association between Bao Viet Life and NCB Bank today is a strategic step based on promoting the advantages of two strong brands in Vietnam, which is the combination of the prestige, experience, and service quality of Bao Viet Life with the professionalism and advanced technology of NCB.
This combination will create a comprehensive financial - banking - insurance service distribution channel, bringing financial security to customers, helping them feel more secure in life...".
Mr. Ta Kieu Hung - General Director of National Citizen Commercial Joint Stock Bank said: "The solutions provided by Bao Viet Life Corporation will be an important piece for NCB to complete the ecosystem of comprehensive and effective financial products and services, not only providing customers with outstanding financial solutions, but also actively contributing to the sustainable development of the economy and the community".
It is known that Bao Viet Life Corporation is the second member unit of Bao Viet Group to sign an insurance distribution cooperation agreement with NCB Bank.
Currently, Bao Viet Life owns a widespread network of 76 member companies in 63 provinces and cities, with more than 360 transaction offices and 180,000 consultants. Accumulated data for the first 9 months of 2024, Bao Viet Life is holding the No. 1 market share in both New Business Revenue and Total Insurance Premium Revenue.
Meanwhile, NCB has impressed the market with positive milestones in recent times. The bank has continuously increased investment in infrastructure and technology solutions, cooperated with leading partners in the world and the region to comprehensively transform according to the new strategy, aiming to become a bank providing financial services and solutions that are loved in the market.
Previously, Bao Viet Insurance Corporation - a member of Bao Viet Group also cooperated with NCB to introduce non-life insurance products and services to customers.
Bao Viet Group and NCB Bank expect that the cooperation between the two enterprises based on leveraging each other's strengths in researching and improving products and improving service quality will bring customers superior quality financial service experiences with the highest satisfaction. At the same time, it will create a premise to open up many opportunities for long-term cooperation between two prestigious institutions in the insurance - banking and finance sector in Vietnam.
