Hong Kong's Bank of East Asia to distribute AIA Group's insurance products.
BANKING AND CREDIT NEWS-March 29, 2021--Hong Kong's Bank of East Asia to distribute AIA Group's insurance products
(C)2021 M2 COMMUNICATIONS http://www.m2.com
Global Banking News - 29 March 2021
Hong Kong-based Bank of East Asia has announced plans to distribute insurance products from AIA Group Ltd (HKG: 1299).
The bank is aiming to capitalise on its profile in China to distribute AIA's insurance products after divesting its BEA Life insurance assets to AIA last week. The proposed BEA-AIA alliance will compete with local competition to tap prospects from the Greater Bay Area. The...
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