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Coimbatore:
Corporation Bank and Export Credit Guarantee Corporation
(ECGC) have signed an agreement for a corporate agency
tie-up.
The
bank has in the recent past developed a number of relationships
corporate agency tie-up with Life Insurance Corporation
of India and ECGC, and for sharing of ATM with Karnataka
Bank, Oriental Bank of Commerce, Dena Bank and Bank of
Rajasthan.
Corporation
Bank executive director P K Gupta says this is the first
corporate agency tie-up that ECGC has signed with a commercial
bank.
This
tie-up will enable the bank to provide export credit insurance
cover at the bank's end, instead of the exporter seeking
the cover from ECGC, which has no agents up till now.
List
of reports on Corporation Bank
List
of reports on Export Credit Guarantee Corporation
List
of general reports on Banking
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