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English definition of “bancassurance”


noun [U] uk   /ˈbæŋ.kə.ʃʊə.rens/ us    /ˈbæŋ.kə.ʃʊ.rens/ UK specialized
a business activity in which banks sell services and products usually sold by insurance companiesInsuranceBanks and bank accounts
(Definition of bancassurance from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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