AB Bank settles the claim of Tk.20.00 lac against “AB Nishchinto” account of a deceased customer

Recently AB Bank Ltd. handed over a cheque of Tk.20.00 lac to the nominee of a deceased “AB Nishchinto” Account holder where the accountholder had her life insurance coverage from Metlife.

“AB Nishchinto” is a Fixed Deposit Account where the accountholder enjoys a life insurance with Metlife without paying any premium. The insurance covers up to Taka 80.00 lac, the highest amount offered in the banking industry.

Deputy Managing Directors of AB Bank, Mr. Abdur Rahman and Mr. Mahmudul Alam and Deputy Managing Director & Chief Operations Officer of MetLife Mr. Kamrul Anam along with other senior officials from both the organizations were present on the occasion.