Arab National Bank (ANB) and Walaa Cooperative Insurance signed on 15 December 2020, an agreement to market Walaa Cooperative's insurance products through ANB's banking network.
This partnership was approved by the Saudi Central Bank (SAMA) on 1 December 2020.
According to ANB, Walaa does not benefit from any preferential treatment when distributing its products through the bank's network.
Read also | Saudi insurance market [4]
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[3] https://www.atlas-mag.net/en/issue/lessons-from-covid-19
[4] https://www.atlas-mag.net/en/article/saudi-insurance-market-in-2020