Dexia signs Axa distribution deal for Turkey
Belgian-based Dexia has signed a 15-year exclusive agreement to distribute Axa's non-life insurance products through DenizBank's branch network, for a consideration of TRY55 million, equivalent to approximately €24 million.
The agency agreement also entails a profit-sharing mechanism whereby part of the future profits generated by Axa from the sales of its non-life insurance products through DenizBank branches over the
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