Dhaka, April 30 -- City Bank signed an agreement with Pioneer Insurance Company Limited on Tuesday at City Bank's head office to commence the sale of non-life insurance policies under Bancassurance.

City Bank will offer insurance policy to its customers, issued by Pioneer Insurance Company Limited under the Bancassurance Guideline by Bangladesh Bank and IDRA, according to a press release.

Mashrur Arefin, MD and CEO of City Bank and Syed Shahriyar Ahsan, chief executive officer of Pioneer Insurance Company Limited signed the agreement on behalf of their respective organisations.

Sheikh Mohammad Maroof, AMD and chief business officer; Mohammad Mahbubur Rahman, AMD and chief financial officer; Kazi Azizur Rahman, DMD and chief information...