CSB ties with ECGC for marketing export credit insurance
Thrissur Jul 6 (UNI) The Catholic Syrian Bank has signed an agreement with the Export Credit Guarantee Corporation of India Ltd (ECGC) for marketing export credit insurance products of ECGC through its branches.
The agreement was signed by bank chairman and CEO N R Achan and ECGC executive director S Prabhakaran.
In the field of composite insurance business,Mr Achan said the bank had already partnered with Birla Sun Life Insurance Company Ltd and the New India Assurance Company Ltd and was actively involved in cross selling insurance products, a release said here today.
''It will be possible for both ECGC and CSB to reach the exporters in remote places for not only providing export credit facilities but also for protecting them against the non-receipt of valuable foreign exchange,'' he added.
UNI XR ROY SSI2019