NRB Bank PLC. has renewed its partnership with MetLife Bangladesh for the eighth consecutive year to provide enhanced insurance protection benefits for eligible credit cardholders as stated in the Press Release.
Under the agreement, the Bank’s eligible credit cardholders will receive insurance coverage designed to help settle the outstanding balance on their credit cards in the event of death or permanent disability, subject to policy terms and conditions. Eligible cardholders will also be entitled to an In-Hospital Cash Benefit for each hospitalization, helping them manage medical expenses during treatment and recovery.
Tareq Reaz Khan, Managing Director & CEO of NRB Bank PLC., and Ala Ahmad, Chief Executive Officer of MetLife Bangladesh, has signed the agreement on behalf of their respective organizations.
Tareq Reaz Khan, Managing Director & CEO of NRB Bank PLC., said, “Our customers expect banking services that add meaningful value to their everyday lives. Our partnership with MetLife Bangladesh for the eighth year will allow eligible credit cardholders to continue benefiting from insurance protection designed to support them and their families during difficult and unexpected situations.”
Ala Ahmad, Chief Executive Officer of MetLife Bangladesh, said, “Financial protection can make an important difference during an unexpected health crisis or other unforeseen event. By continuing our partnership with NRB Bank PLC., we aim to provide impactful insurance benefits that can help reduce financial worries and support greater peace of mind.”
NRB Bank is one of the leading providers of card issuance and digital financial services in Bangladesh. The Bank serves customers through multiple channels, including digital banking, branch banking, agent banking, and internet banking, and offers a diversified range of modern, technology-driven banking products and services to meet customers’ evolving needs.
MetLife Bangladesh, which has been operating in the country since 1952, currently serves more than one million individual customers and over 900 corporate clients. The company continues to maintain its leadership position among life insurers in Bangladesh in claims settlement, paying BDT 2,853 crore in claims in 2025 and BDT 1,384 crore during the first six months of 2026, the highest claims payouts in the industry for the respective periods. MetLife Bangladesh also maintained a claims settlement ratio of 98% in 2025, one of the highest in the industry.
Senior officials from NRB Bank PLC. and MetLife Bangladesh attended the signing ceremony.
For more updates, be with Markedium.
Leave a comment