Trust Bank Limited (TBL) recently signed a memorandum of understanding (MoU) with Pragati Life Insurance Limited (PLI) to provide insurance coverage to the clients of the bank's three savings and loan products.

Clients under ---'Trust Thikana-Home Loan, 'Trust Assurance Deposit Scheme' and "Trust Sristi', will get the facility following the MoU, said a press release.

M M Haikal Hashmi, deputy managing director of TBL and Quamrul Hasan, deputy managing director of PLI, signed the MOU on behalf of their respective sides.

TBL has recently introduced new saving product 'Trust Porua' to provide school banking services.

Ms. Ferdousi Begum, vice president and head of Retail, Ms. Mahmuda Momen, assistant vice president of Trust Bank and M. M. Monirul Alam, ADMD of Pragati Life Insurance, were also present at the function.

News: Daily Sun/ Bangladesh/ Mar-03-2011