ING: Announced that it will leave the Retail Bank market in France

ING: Announced that it will leave the Retail Bank market in France

  • ING is a pioneer in the digital bank and on the forefront be one of the most innovative banks in the world
  • Announced that it will leave the Retail Ban market in France
  • This decision is the outcome of the strategic review that was announced in June 2021
  • The social plan is subject to the approval of the French Ministry of Labour
  • The company explore the feasibility of an agreement for its client portfolio with third parties
  • As it exits the Retail Bank market in France it will ensure customers are fully supported
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Mastercard Launches BIN Sponsorship Programme for UK Fintechs

New initiative aims to support fintech innovation in the UK market.Highlights: Mastercard unveils BIN sponsorship programme for UK...

UAE Central Bank Trials Palm Payments, Amazon Abandons Technology

UAE's innovative palm payment trials contrast with Amazon's decision to discontinue similar tech.Highlights: UAE Central Bank begins trials...

Checkout.com Acquires Euro Stablecoin Issuer Blue for Expansion

The acquisition strengthens Checkout.com’s capabilities in the stablecoin market.Highlights: Checkout.com has acquired Blue, a euro stablecoin issuer.The acquisition...

Ex-Revolut Staffers Secure $6M for Self-Custodial Money App

Former team members aim to reshape financial independence with new app.Highlights: Ex-Revolut staffers raise $6M in funding.New app...