By Sabela Ojea

 

AIB Group PLC said Wednesday that it has reached a deal to create a joint venture with Canada Life Irish Holding Company Ltd., a subsidiary of Great-West Lifeco Inc.

The Irish bank said the business will be conducted by both parties at the same level.

"Through this strategic initiative AIB intends to offer customers a range of life protection, pensions, savings and investment options enhanced by integrated digital solutions with continued access to our qualified financial advisors," AIB said.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

June 23, 2021 13:16 ET (17:16 GMT)

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