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ING to leave Czech retail banking market by end 2021

ING announced today that it will leave the Czech Republic retail banking market by the end of 2021. The decision to withdraw from this market was taken in light of economic headwinds and limited customer growth potential.
ING will continue its Wholesale Banking activities in the Czech Republic, which remains an integral part of the WB EMEA network.
ING has been present in the Czech retail banking market for more than 20 years, offering savings accounts and mutual funds. It currently serves around 375,000 retail customers.
To ensure these customers can continue to meet their banking needs, ING has reached an agreement with Raiffeisenbank Czech Republic to offer them a preferential rate to move their savings and investments (subject to regulatory approval). ....

Czech Republic , Aris Bogdaneris , Wholesale Banking , Raiffeisenbank Czech Republic , Board Banking , Financial Services , செக் குடியரசு , மொத்த வங்கி , பலகை வங்கி , நிதி சேவைகள் ,