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The Postal Bank wants to be a bank like any other

2021-03-02T18:43:20.923Z

The La Poste subsidiary is stepping up its diversification and setting itself new growth and profitability objectives.



The Postal Bank (LBP) will soon be a bank like any other.

Like its competitors, the La Poste subsidiary, which changed its size last year by integrating CNP Assurances, has reinforced its requirements for growth and above all for profitability by 2023. It does not deny its uniqueness, however. a financial institution

"serving all audiences"

(20 million French people have an account at La Banque Postale).

To read also:

La Poste weighed down by the plunge in mail

To achieve objectives of more than 3% revenue growth per year, the young establishment founded fifteen years ago will continue to transform its model.

"The Postal Bank will accelerate the development of its diversification businesses, where it has developed recognized positions of expertise,

" said the new chairman of the management board, Philippe Heim, who presented his strategic plan for 2030 on Tuesday. The public group intends to strengthen in particular in asset management, insurance, banking services for local communities and

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Source: lefigaro

All business articles on 2021-03-02

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