Orange is considering „all opportunities” for its online banking arm following a report that said France’s biggest telecoms company was planning to sell Orange Bank, according to Reuters.
„In a very highly competitive environment in the banking market, Orange is considering all opportunities to develop Orange Bank’s activities and support its growth,” a spokesperson for the group told Reuters.
Orange was willing to give up control of its loss-making subsidiary last year, with BNP Paribas seen at the time as the leading candidate among French lenders. Now, the telecom operator had mandated investment bank Lazard to launch a new sale or alliance scenario, which Orange declined to confirm.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
