Finansbank inks agency deal with Sompo Japan

ISTANBUL

Finansbank Chairman Ömer Aras says the deal will create 1 bln liras in additional revenues. Hürriyet photo

Finansbank has inked an agency agreement with Sompo Japan Insurance.

Accordingly, Finansbank will sell all of Sompo’s insurance products except for life insurance.

“We aim to strengthen our position in the [insurance] sector with the agency agreement we have signed, by providing special solutions for nearly 10 million customers. We will create 1 billion
Turkish Liras of additional revenue in 15 years, depending upon the common business plan,” Finansbank Chairman Ömer Aras said.