VnExpress International
The most read Vietnamese newspaper
Vietnamese Edition
| Contact us | Follow us on       
Tag

bancassurance

Sort by: Newest   | Oldest
Insurance market attracts plenty of foreign interest

Insurance market attracts plenty of foreign interest

Major international life insurance companies are coming to the growing Vietnamese market through bancassurance and acquisition deals.
Vietcombank to pull out of BNP Paribas insurance joint venture

Vietcombank to pull out of BNP Paribas insurance joint venture

Vietcombank is selling its stake in a JV with French life insurance firm BNP Paribas as part of a possible bancassurance deal with a foreign buyer.
November 4, 2019 | 07:32 pm PT
Insurance firms step up recruitment to push bancassurance sales

Insurance firms step up recruitment to push bancassurance sales

Insurance companies are hiring more staff to boost sales to bank customers as lenders seek to increase revenue from non-traditional banking services.
September 3, 2020 | 06:00 am PT
Manulife to become VietinBank’s exclusive insurance partner with Aviva purchase

Manulife to become VietinBank’s exclusive insurance partner with Aviva purchase

Canadian insurer Manulife will acquire the Vietnamese business of British company Aviva and its 16-year bancassurance deal with VietinBank.
December 14, 2020 | 08:42 pm PT
Lender MSB expects to earn hundreds of millions from insurance deal

Lender MSB expects to earn hundreds of millions from insurance deal

Vietnam Maritime Commercial Joint Stock Bank is set to sign an exclusive bancassurance deal with a leading but unidentified insurer worth hundreds of millions of dollars to it.
December 16, 2020 | 09:42 pm PT
Sun Life Vietnam reveals strategy to increase insurance market share

Sun Life Vietnam reveals strategy to increase insurance market share

Sun Life Vietnam has cooperated with banks via a bancassurance partnership to offer more solutions to customers and improve client experience.
February 28, 2021 | 05:40 pm PT
Banks’ profits surge in Q1

Banks’ profits surge in Q1

Most banks grew their profits in double digits in the first quarter but asset quality worsened.
May 9, 2022 | 09:30 pm PT
How insurance policies become banks' golden egg

How insurance policies become banks' golden egg

Selling insurance products fetch banks trillions of Vietnamese dong (VND1 trillion = $42 million) in revenues each year, but with this comes dissatisfaction from customers who say they are "forced" to pay premiums to acquire loans.
February 23, 2023 | 08:51 pm PT
SBV considers debt extension for corporations

SBV considers debt extension for corporations

The State Bank of Vietnam (SBV) wants to restart a program to give businesses debt extensions amid economic challenges.
March 31, 2023 | 02:27 am PT
‘I just did it for money’: bank employees expose seamy side of selling insurance

‘I just did it for money’: bank employees expose seamy side of selling insurance

Bancassurance has been hugely profitable in recent years, but former bank employees are now admitting they resorted to dishonest means to sell insurance.
April 17, 2023 | 03:02 pm PT
$1B insurance contracts signed through banks in 2022

$1B insurance contracts signed through banks in 2022

Nearly one million life insurance policies worth almost VND23.8 trillion (US$1.01 billion) were sold through banks last year.
April 25, 2023 | 12:23 am PT
Bancassurance revenue plunges by half

Bancassurance revenue plunges by half

Banks saw revenues from insurance dropping by half year-on-year in the first quarter after years of high growth.
June 4, 2023 | 04:00 am PT
Finance ministry finds 4 insurers flouted bancassurance regulations

Finance ministry finds 4 insurers flouted bancassurance regulations

Prudential, MB Ageas Life, Sun Life, and BIDV Metlife are guilty of misleading customers, who do not understand what they are buying, Ministry of Finance investigators have said.
July 1, 2023 | 12:37 am PT
One-third customers cancel bancassurance contracts after first year

One-third customers cancel bancassurance contracts after first year

Between 32% and 73% of bancassurance customers terminate their contract after the first year, the Ministry of Finance has found after reviewing data from four insurers.
July 4, 2023 | 12:02 am PT
View more stories
 
go to top