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QNB, in association with Metlife, has showcased its new bancassurance products and services as part of efforts to enhance non-interest earnings and enhance general awareness on insurance. In this regard, the bank recently held function with its bancassurance partner where deliberations centred around financial planning, identifying the financial needs for each stage of a person’s life, concept of investment vehicles and solutions available to its customers. QNB provides a comprehensive wide range of integrated financial services products under the “One Stop Shop Solution for all your banking and insurance needs” model across its international network. The lender’s bancassurance offering span a range of products and services designed to accumulate wealth and provide families with the insurance protection. Bancassurance is win-win for both the firms as the lender earns fee amount from the insurance company; while the insurer is able to enhance its market reach and customers through the bank’s vast network.
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