DBS Bank ties up with Aviva India

The partnership would enable DBS to offer Aviva services to high net worth customers in India.

According to a report in Thaindian News, as the corporate agent for Aviva Life Insurance, DBS Bank which provides a holistic offering of banking and wealth management services will now offer Aviva’s best in class products like Aviva Young Scholar, Aviva Health Plus, Aviva LifeLine, Pension Elite and SaveGuard to affluent and high net worth (HNI) customers from all its ten branches.

Sanjiv Bhasin, CEO, DBS India, said, "We are committed to building a universal banking franchise in India. As we step up our initiatives in the retail domain, teaming with Aviva reaffirms our approach of partnering with the best to offer optimal solutions and service excellence."

Both Aviva and DBS have high expectations from the partnership and are fully committed to make it a success. Several joint initiatives have been planned to further promote this association. This partnership expands the ongoing relationship that Aviva and DBS have across Asia to the important and rapidly growing market of India. Aviva and DBS have forged a fruitful partnership in Singapore and Hong Kong since 2001. The two companies also plan to extend their partnership further by providing bancassurance in China and Taiwan in the future.