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Share Name Share Symbol Market Type
Societe Generale SA EU:GLE Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.19 0.9% 21.305 21.10 21.43 21.45 21.045 21.05 3,871,631 16:40:00

ING Holds Talks With SocGen's Boursorama on Banking Services for French Customers

01/02/2022 7:48am

Dow Jones News


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By Jaime Llinares Taboada

 

ING Groep NV said Tuesday that it has entered into exclusive talks with Societe Generale SA subsidiary Boursorama to offer banking services to ING's retail customers in France.

The Dutch lender said that the exact scope of the deal remains to be specified, and that it would concern daily banking, savings and investment products.

ING said its retail lending portfolio wouldn't be part of the deal, with mortgages continuing to be managed by ING.

The companies intend to reach a definitive deal in April at the latest.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

February 01, 2022 02:33 ET (07:33 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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