United Commercial Bank Limited (UCBL) signed an agreement with Protective Islami Life Insurance Limited at the corporate head office of the bank in Dhaka on Tuesday.

As per the agreement, Protective Islami Life Insurance Limited will work as Group Term Insurance Coverage service provider for UCB, said a press release.

Muhammed Ali, Managing Director, United Commercial Bank Limited and Mohd. Golam Rabbani Choudhury, Managing Director and CEO of Protective Islami Life Insurance Limited signed the agreement on behalf of respective organisations.