MetLife and Emirates NBD bank have agreed a strategic partnership to provide life insurance products to the bank’s one million plus customers in the United Arab Emirates (UAE).
The long-term partnership was launched at a presentation ceremony that took place recently at the Ritz-Carlton Dubai International Financial Centre, hosted by senior executives from both companies.
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Theo Alexandrescu, general manager – Gulf – MetLife, commented: "We believe the added value of a strong bancassurance portfolio will benefit the bank by broadening its comprehensive portfolio of products whilst adding significant value to existing banking customer relationships."
Suvo Sarkar, general manager – retail banking and wealth management at Emirates NBD, said: "Through this partnership, we have built a platform that will unlock new opportunities for both our organizations."
