Manulife Financial : Cambodia Signs Bancassurance Partnership Deal with FTB Bank

Phnom Penh, Cambodia - Manulife Cambodia and FTB Bank today signed a bancassurance agreement that will enable Manulife to sell life insurance solutions to the bank's customers across the country. This agreement is Manulife Cambodia's fourth bancassurance partnership since it began operations in Cambodia in June 2012.

'We are delighted to join hands with FTB Bank, the first and foremost bank in the Kingdom which has been operating for more than 36 years, to help families in Cambodia achieve their dreams and aspirations. This bancassurance partnership will enable Manulife Cambodia to reach out to more customers, and provide financial advice and solutions including income protection, childrens' education, savings and retirement,' said Robert Elliott, Chief Executive Officer and General Manager of Manulife Cambodia.

'This partnership with Manulife Cambodia marks another milestone for FTB. It will enable our customers' families and FTB staff to have easy access to Manulife's great products,' said Gui Anvanith, General Manager of FTB Bank.

FTB has always strived to bring new services to its clients.Throughout its history, FTB Bank has won a number of awards in the financial industry including Outstanding e-Banking Partnership Bank 2016 and Outstanding e-Commerce Platform 2016 from International Data Group (IDG), Best Innovation in Retail Banking 2015 and Best Commercial Bank Cambodia 2015 from International Banker, and Leader in Prepaid Payment Volume 2015 from Visa.

Bancassurance is a key part of Manulife's strategy in Asia. It deepens and diversifies its distribution capabilities, and complements the company's strong agency channel. Through this partnership, Manulife will further strengthen its brand, market position and customer base in Cambodia.

Effective immediately, FTB Bank's customers will be able to discuss their financial goals and purchase Manulife's products and solutions through Manulife Insurance Specialists working at 10 FTB branches. These branches comprise 6 branches in Phnom Penh and 4 in major provincial cities including Siem Reap, Battambang, Sihanoukville, and Kampong Cham.

About Manulife Cambodia
Manulife Cambodia started its operations on June 28, 2012. It is the latest market entry in Asia by Manulife, one of the world's leading life insurance companies. As the first wholly foreign-owned life insurance company in the kingdom, Manulife Cambodia is committed to providing its customers with much needed financial protection through its products and services.

About Manulife
Manulife Financial Corporation is a leading international financial services group providing forward-thinking solutions to help people with their big financial decisions. We operate as John Hancock in the United States, and Manulife elsewhere. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. At the end of 2015, we had approximately 34,000 employees, 63,000 agents, and thousands of distribution partners, serving 20 million customers. At the end of June 2016, we had $934 billion (US$718 billion) in assets under management and administration, and in the previous 12 months we made more than $25.4 billion in benefits, interest and other payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong. Follow Manulife on Twitter @ManulifeNews or visit www.manulife.com or www.johnhancock.com.

About FTB Bank
Established in 1979, Foreign Trade Bank of Cambodia (FTB) is the country's first and foremost bank. It is a joint private/Government venture and has been providing customers with safe and reliable banking services for more than 36 years in personal, commercial, and corporate segments.

FTB has established and operated a number of branch network in Phnom Penh and in major provincial cities, including Sihanoukville, Siem Reap, Battambang, and Kampong Cham provinces. The branches at Port of Sihanoukville and at Phnom Penh Port offer a one stop service to companies that use the port facilities to export and import their products.

Throughout the years, FTB has provided a full range of banking products/services and financed numerous projects in all key business sectors in Cambodia.FTB is one of the pioneers in E-banking, always incorporating latest technology in our products and services to create extra convenience, speed and efficiency for our clients. We are also the market leader in providing customers with innovative banking products & services to meet their needs.

For more information, visit our website http://www.ftbbank.com/ ,or our Facebook https://www.facebook.com/ftbcambodia.

Media Contact:
Manulife (Cambodia) PLC
Saoyuthnea DARA
Communications Manager
Tel: (+855) 11 759 964saoyuthnea_dara@manulife.com

FTB Bank
Monita CHUON
Senior Marketing Officer
Tel: (+855) 78 898 902
monita.chuon@ftbbank.com