SDB bank announces bancassurance partnership with LOLC Life Assurance

From left: Jayantha Kalinga  (COO – LOLC Life Assuarance Ltd), Nadika Opatha (Director/CEO - LOLC Life Assuarance Ltd), Niranjan Thangarajah (ACEO – SDB bank), Shanka  Abeywardene (CFO - SDB bank)

SDB bank announced its new bancassurance partnership with LOLC Life Assurance Ltd. 
Through this partnership, customers can avail both banking and insurance services under one roof, thereby facilitating a seamless service experience for current and prospective clients. 
This initiative is expected to leverage the strengths of both entities, combining SDB Bank’s banking network with LOLC Life Assurance’s expertise in providing comprehensive 
insurance solutions.
The Memorandum of Understanding (MOU) was officially signed on April 22. It was signed by Niranjan Thangarajah, Acting Chief Executive Officer of SDB Bank and Nadika Opatha, Director/Chief Executive Officer of LOLC Life Assurance Ltd.