State Life Insurance Corporation of Pakistan (SLIC) and JS Bank Limited have signed a Memorandum of Understanding (MoU) to provide seamless financial and insurance services to their customers and employees.
Through this agreement, JS Bank will provide innovative transaction banking solutions including cash management and employee banking services to SLIC, while SLIC’s robust insurance offerings will be offered to JS Bank employees and customers, fostering a synergy that aims to revolutionize the financial landscape in Pakistan.
JS Bank will leverage its expertise in the financial sector to provide state-of-the-art transaction banking solutions to SLIC for premium collection via the JS Cash Management and Employee Banking solutions to their employees and agents. The partnership will add value to SLIC by delivering efficiency, control, and operational excellence to their financial transactions.