News - South Korea: Korea’s Bancassurance Sales Exceeds 10 Tln Won
Source: Asia Insurance Review | Sep 2008
Non-insurance institutions such as banks, brokerages and mutual savings banks chalked up over 10 trillion won (US$9.7 billion) in bancassurance sales for the fiscal year ended 31 March 2008, the first time their sales crossed this mark since bancassurance was introduced in the country in 2003, reported The Korea Times.
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