French La Poste seeks to reassure staff over postal bank plans

The french postal service, La Poste, called a meeting of its administrators in an attempt to quell doubts over the creation of a postal banking service, which is due to be launched in the next year.

Trade unions have expressed doubts over the plan, saying that they would prefer to see the post office create a partnership with a public-interest bank which has no retail branches, such as state-owned French bank CDC or Dexia, the Franco-Belgian banking group specialised in public finance.

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