bKash Limited, MetLife BRAC Bank signed a tripartite agreement under which MetLife’s policyholders will be able to pay their premium directly from their bKash account without paying any additional fee for the transaction.
Mr. Rezaul Hossain, Chief Commercial Officer of bKash, Mr. Akhlaqur Rahman, Chief Operations Officer of MetLife and Mr. Mahmoodun Nabi Chowdhury, Head of Corporate Banking Division of BRAC Bank Limited signed the agreement recently on behalf of their respective organizations.
“This is going to be a very rewarding experience for both bKash and MetLife customers as they can now pay their insurance premium in an easy, secured and convenient way”, said Mr. Rezaul Hossain.
Mr. Akhlaqur Rahman of MetLife said, “This service will save our customers’ time and expenditure. It will help them make the payments within due dates without waiting for someone to collect the payment”. “Introduction of this financial payment service is another big step for us to become a truly customer centric organization”, he added.
Golam Anjumanarul Islam, Head of Business Sales, A.T.M. Mahbub Alam, General Manager, Enterprise & Solutions, Sarabar Kumar Chanda, Manager-Presales, Shahadat Ahmed, Acquisition Manager-Presales from bKash Limited, Mr. Alamgir Hossain, Head of Customer Services, Mr. Aaron Mousum Samadder, Manager, Collections, Mohammad Mahbub Hossain, Assistant Manager, Collections, Faria Mahbub, Sr. Officer, Brand & Communications from MetLife and Md. Sekander E Azam, Unit head, Cash Management & Custodial Services, Shahida Sultana, ARM, Cash Management & Custodial Services, Nazia Rahman, RO, Cash Management & Custodial Services from BRAC Bank Ltd. were present on the signing ceremony.
Launched in 2011, bKash, a joint venture of BRAC Bank, US based Money in Motion, World Bank’s International Finance Corporation and Bill and Melinda Gates Foundation, offers complete mobile financial services to the common people of Bangladesh.
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com
Bangladesh is a key operation and has a long history tracing back to 1952. Today, it is the largest insurance company and a major employer in the country with over 15,000 Field Force and Employees.