KARACHI: Faysal Bank has recently signed two agreements with EFU Life Assurance Ltd. According to this agreement, Faysal Bank will now offer additional EFU Life Assurance products to its existing and potential customers through its widespread distribution channels.
The products will include both Conventional and Takaful plans. The agreement was signed by Fouad Farrukh, Head Retail Banking Faysal Bank Limited and Taher G Sachak, Managing Director EFU Life at Faysal House – Faysal Bank Head Office in Karachi. The ceremony was also attended by senior officials of both organizations.
Speaking on the occasion, Fouad Farrukh said, “With the beginning of the new year, we aim to further expand our Wealth Management offerings to cater to our clients’ expectations and provide customized financial solutions for every need. Signing these new products with EFU Life is a significant step in this direction, and will be pivotal towards further strengthening our franchise. ”
Addressing the gathering, Taher G Sachak, MD EFU Life said, “It gives us immense pleasure to expand our product menu with Faysal Bank. We admire the success of our existing Bancassurance relationship and I am confident that the new innovative and enriched products will enhance the association and will give us an added opportunity to penetrate deeper into the bank’s customer base with a targeted approach”. PR