Revolut, a global financial platform with more than 15 million customers worldwide, on Monday operationalized its European specialized banking license in Estonia.
Revolut, a global financial platform with more than 15 million customers worldwide, on Monday operationalized its European specialized banking license in Estonia. Customers in Estonia who upgrade to Revolut Bank for additional services will now have their deposits protected under the deposit.
Customers in Estonia who upgrade to Revolut Bank for additional services will now have their deposits protected under the deposit guarantee scheme, Revolut said in a press release. The company is planning to offer also other banking services in Estonia in the future.
- List of banks operating in Sweden including business focus, customer rating and total assets. For each bank business overview, account opening, products and services, customer ratings (if assigned), key financial data (for commercial banks and largest savings banks), credit ratings (if assigned), deposit guarantee, technical data (bank identifiers), contact details are available.
- Bin Base World Bank / Free BIN/IIN Lookup Web Service /.
Revolut said that to date, the company has attracted more than 40,000 customers in Estonia. Customers in Estonia are now able to upgrade to Revolut Bank for additional services from within the app.
Last year, Revolut launched its specialized bank in Poland and Lithuania, and started offering credit products in both countries. Does indiana allow sports betting. The specialized bank license allows Revolut Bank to provide limited banking services via the app along with an array of financial services and products offered by other Revolut Group companies.
Revolut Group has raised almost one billion US dollars in investments and was most recently valued at $5.5 billion.
Revolut first launched in the UK in 2015, offering money transfer and exchange. Today, its 15 million customers around the world use dozens of Revolut products to make more than 100 million transactions a month.
--
Follow ERR News on Facebook and Twitter and never miss an update!
Editor: Kristjan Kallaste
| Type | Private. Cooperative |
|---|---|
| Industry | Financial services |
| Founded | 2009 |
| Headquarters | , France |
| François Pérol | |
| Products | Banking and insurance |
| Revenue | US$47.9 billion (2019)[1] |
| Website | www.bpce.fr |
Groupe BPCE is a French banking group, formed by the 2009 merger of CNCE (Caisse nationale des caisses d'épargne) and BFBP (Banque fédérale des banques populaires), has more than 8,200 branches nationwide under their respective brand names serving nearly 40 million customers.[2] Through its subsidiaries (including Natixis), it provides banking, financial, and real estate financing services to individuals, professionals, small and medium enterprises, large enterprises, and institutions in France and internationally.
It provides various deposit and loan products to small and medium enterprises, craftspeople, franchisees, and franchisers; savings collection and management, credit, payment, and wealth management services; and real estate financing and corporate banking services. The company also offers bancassurance products, including life assurance and pensions that comprise automobile and home insurance,[3] legal protection, the guarantee of life accidents, the supplementary health care insurance, welfare professionals and the collective retirement pensions and health, as well as credit insurance and guarantees to individuals, professionals, real estate professionals, and businesses.[4]
In July 2016, the group announced the purchase of Fidor Bank, a Fintech challenger bank, operating in the UK and Germany;[5] in November 2018 it began work on selling it again.[6]
The current CEO of Groupe BPCE is Laurent Mignon.
Swedbank Deposit Bonus
Financial Highlights as of June 2010[edit]
- Tier-1 capital: €41 billion
- Tier-1 ratio: 9.6%
- Total assets: €1,124 billion
- Banque Populaire and Caisse d'épargne networks
- Loans outstanding: €288 billion
- Saving deposits: €511 billion[7]
Controversy[edit]
In 2010 the French government's Autorité de la concurrence (the department is in charge of regulating competition) fined eleven banks, including Groupe BPCE, the sum of 384,900,000 Euros for colluding to charge unjustified fees on cheque processing, especially for extra fees charged during the transition from paper cheque transfer to 'Exchanges Check-Image' electronic transfer.[8][9]
References[edit]
- ^http://www.fortune.com/global500/2020/search/.
- ^'Groupe BPCE Company Profile - Yahoo! Finance'. cf.us.biz.yahoo.com. Retrieved 25 January 2011.
- ^'Home Insurance Index (2016)'. www.shiftins.com. Retrieved 12 July 2016.
- ^'Groupe BPCE: Private Company Information - BusinessWeek'. investing.businessweek.com. Retrieved 25 January 2011.
- ^'Home Insurance Index (2016)'. www.finextra.com. Retrieved 12 October 2016.
- ^https://www.finextra.com/newsarticle/32940/bpce-and-fidor-head-for-breakup
- ^'Key figures / The Group / Home - BPCE'. bpce.fr. Archived from the original on 2 July 2010. Retrieved 25 January 2011.
- ^Collusion in the banking sector, Press Release of Autorité de la concurrence, République Française, 20 September 2010, retrv 2010 9 20
- ^3rd UPDATE: French Watchdog Fines 11 Banks For Fee Cartel , Elena Bertson, Dow Jones News Wires / Wall Street Journal online, retr 2010 9 20
Swedbank Deposit Bank
How To Deposit Money In Swedbank
