
POST Luxembourg has annoucned that its Board of Directors has approved the partnership with Raiffeisen Bank.
On Wednesday 17 June, the POST Luxembourg Board endorsed a future model for the CCP (post office banking services) to partner with Banque Raiffeisen. This approval of the Memorandum of Understanding (MoU) between the two parties had been preceded by extensive negotiations between POST Luxembourg and Banque Raiffeisen.
The POST Board of Directors has instructed the Directorate to finalise the MoU and take the necessary steps involving the regulators.
For POST Luxembourg, maintaining the CPP service is particularly important; with this agreement, future developments will be in the interest of customers and according to their expectations and needs.