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State Life

State Life and JS Bank forge strategic alliance to provide financial solutions to customers and employees

State Life Insurance Corporation and JS Bank Limited have joined forces through a Memorandum of Understanding (MoU) to enhance financial and insurance services in Pakistan.
State Life Insurance Corporation and JS Bank Limited have joined forces through a Memorandum of Understanding (MoU) to enhance financial and insurance services in Pakistan. JS Bank will provide innovative transaction banking solutions to SLIC, while SLIC will offer its robust insurance products to JS Bank employees and customers. This partnership aims to revolutionize the financial landscape by fostering efficiency and operational excellence.
 
JS Bank will utilize its financial expertise to assist SLIC in premium collection and employee banking services. Meanwhile, SLIC will extend its Life and Health insurance products to a wider range of customers, ensuring financial protection for Pakistanis. The collaboration was celebrated during a signing ceremony attended by top executives from both companies.
 
This strategic alliance reflects a shared commitment to advancing the banking and insurance sectors in Pakistan, offering innovative financial solutions, and contributing to economic growth. CEO of JS Bank, Basir Shamsie, expressed optimism about the collaboration, emphasizing their joint vision of providing top-notch services. CEO of State Life, Shoaib Javed Hussain, highlighted the potential for innovation and efficiency in the financial services sector, aiming to enhance customer convenience and economic activities in the country.