Euro Bank SA
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Euro Bank SA
Euro Bank SA (also known as Eurobank) was a Polish commercial bank offering financial services to individuals. The bank also maintained personal accounts and term deposits, provided consolidation loans, payment cards, and credit cards. It distributed investment funds of Novo Fundusze and Allianz. Euro Bank had a nationwide network of its own and franchise branches. It also operated outlets in shopping centers. On 1 October 2019 as a result of the legal merger, the legal successor of Euro Bank SA became Bank Millennium SA. History The Bank was established in 2003 by taking over Look Finansowanie Inwestycji, controlled by Mariusz Łukasiewicz, a controlling stake existing since 1990 from Bank Społem S.A. In 2003, Bank Społem S.A. changed its name to Euro Bank S.A. After the founder's death in 2004, the Société Générale Group became the owner of Eurobank. On November 5, 2018, Bank Millennium and Société Générale signed a contract for the purchase of Euro Bank by Bank ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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