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”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
