Kuala Lumpur, 23 March 2009 - In line with Alliance Bank Malaysia Bhd (Alliance Bank)'s objectives to stay creative, innovative and relevant to its customers, the Bank has recently teamed up with Visa to introduce the Allianz Insurance Visa Credit Card to agents and employees of AllianzLife Insurance Malaysia Berhad (Allianz Life).

"Alliance Bank and Allianz Life have an ongoing relationship that dates back to 2001, and we are certainly proud to partner with Visa to offer this exclusive card to Allianz Life", said Datuk Bridget Lai, Group Chief Executive Officer of Alliance Bank Malaysia Berhad and Director of Alliance Financial Group Berhad. "We believe in sustainable relationships with our business partners, as well as ensuring that we continue to deliver quality products and services to our customers."

The Allianz Insurance Visa Credit Card is a privilege card created especially for agents and employees of Allianz Life, and comes in two different varieties: the Allianz Insurance Gold Visa Credit Card or the Allianz Insurance Platinum Visa Credit Card. Besides enjoying worldwide recognition and acceptance, the card further gives 0.3% cash rebate on all monthly spending at Allianz Life. The Allianz Insurance Visa Credit Card offers an attractive merchant rebate programme on total transaction volume, commission-free traveller's cheques, demand drafts and cashier's orders. Principal cardholders also enjoy an annual membership fee waiver throughout the tenure of the principal card, and a 20-day interest free period for all retail transactions.