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AB Bank settles insu claim of Tk 2m

  • Staff Correspondent
  • 17 October, 2021 12:00 AM
  • Print news

AB Bank Limited handed over a cheque for Tk 2 million to the nominee of a deceased ‘AB Nishchinto’ accountholder where the accountholder had her life insurance coverage from Metlife recently.

AB Nishchinto is a fixed deposit account where the accountholder enjoys a life insurance with Metlife without paying any premium, said a press release.

The insurance covers up to Tk 80 lakh, the highest amount offered in the banking industry.

Deputy Managing Directors of AB Bank, Abdur Rahman and Mahmudul Alam and Deputy Managing Director and Chief Operations Officer of MetLife Kamrul Anam along with other senior officials from both the organisations were present on the occasion.