Prudential PLC Expands Vietnam Partnership With MSB
By Adria Calatayud
Prudential PLC said Wednesday that its Vietnam subsidiary and
lender Vietnam Maritime Commercial Joint Stock Bank, known as MSB,
have renewed their strategic partnership for a 15-year term and
expanded the deal's geographical scope.
The U.K. insurer said the expanded bancassurance partnership
includes North Vietnam, meaning that Prudential Vietnam Assurance
Private Ltd. will become MSB's single partner nationwide.
Under the renewed partnership, Prudential Vietnam and MSB will
expand into new segments, including digital, the U.K. insurer
Write to Adria Calatayud at firstname.lastname@example.org
(END) Dow Jones Newswires
March 03, 2021 04:05 ET (09:05 GMT)
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