Corporate News

2023.12.01 Banco Delta Asia and Manulife Announce 15-Year Bancassurance Partnership for Macau

Delta Asia is committed to providing customers with diversified and quality financial services. Banco Delta Asia S.A. (“BDA”) and Manulife Hong Kong and Macau (“Manulife”) are pleased to announce the launch of a 15-year distribution agreement, effective December 1, 2023.

Under this partnership, Manulife will provide BDA customers with a range of savings, protection, and wealth accumulation solutions across its personal and corporate banking businesses in Macau. Initially, Manulife will bring five of its flagship products into the partnership, providing the bank’s customers with a series of popular solutions to navigate their financial futures with confidence.

Ivan Chan, Chief Distribution Officer for Manulife Hong Kong and Macau, said: “We are excited to enter into this partnership with Banco Delta Asia S.A. Manulife has been a trusted name in Macau for over 27 years and in Hong Kong for more than 125 years, while Banco Delta Asia S.A. boasts a rich history spanning over 88 years. By combining Manulife’s global insurance expertise and diversified product portfolios with the Bank’s well established distribution network, we aim to offer customers a wide range of financial planning solutions, ensuring that they receive the best possible advice throughout their life stages.”

Miss. Au Lai-Chong, the Group CEO of Delta Asia Financial Group, said: “This partnership marks a significant milestone for our Bank’s growth trajectory. We are excited about the opportunities this collaboration will bring to our customers, and we look forward to working closely with Manulife to provide our customers with high-quality financial offerings and a seamless customer experience that exceeds their expectations.”

As part of the partnership, Manulife will provide comprehensive training to BDA’s sales personnel. The training will cover a wide range of crucial aspects of sales, including product knowledge and regulatory compliance, thus equipping them with the necessary skills and knowledge to address the diverse financial and protection of their customers.

We believe that this collaboration will further enhance Banco Delta Asia’s corporate image and at the same time uplift the customer journey. We will continue to explore different products, services and business collaboration to provide customers with enhanced user experience.

News coverage by media:
Macau Daily: http://www.macaodaily.com/html/2023-12/01/content_1718578.htm
Tai Chung Daily: https://taichungdaily.com/sectionNews/1419

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