Wednesday, December 13, 2000, updated at 09:14(GMT+8)
Business
PICC, Everbright Bank to Join Hands
The People's Insurance Company of China (PICC) and China Everbright Bank singed an agreement in Beijing recently, under which the two sides will jointly reduce the operational cost of PICC for business development and strengthen the penetrability of its insurance business. Meanwhile, PICC will help Everbright Bank to increase agent intermediary business and expand channels of business income.
It is learned that under the unified authorization of PICC and the general bank of Everbright Bank, the business cooperation between their branches will also be started soon. (Panorama)
The People's Insurance Company of China (PICC) and China Everbright Bank singed an agreement in Beijing recently, under which the two sides will jointly reduce the operational cost of PICC for business development and strengthen the penetrability of its insurance business.