Brief: Sun Life Financial And Dah Sing Bank Sign Exclusive 15-Year Bancassurance Partnership In HK

Dah Sing Banking

20/01/2023 01:23

Jan 20 (Reuters) - Dah Sing Banking Group Ltd  2356.HK :
    * DAH SING BANK AND SUN LIFE HONG KONG ANNOUNCE EXCLUSIVE
15-YEAR
BANCASSURANCE PARTNERSHIP IN HONG KONG
    * SUN LIFE TO BE EXCLUSIVE PROVIDER OF LIFE INSURANCE
SOLUTIONS TO
DAH SING BANK’S 570,000 RETAIL BANKING CUSTOMERS
    * FOLLOWING COMPLETION OF REGULATORY APPROVALS, DISTRIBUTION
OF
SUN LIFE PRODUCTS IS ONLY ANTICIPATED TO START IN JULY 2023
    * SUN LIFE WILL PAY AN AMOUNT OF HK$1.5 BILLION FOR THIS
EXCLUSIVE
ARRANGEMENT

Further company coverage:  2356.HK 
 ((Reuters.Briefs@thomsonreuters.com;))