La Poste draws up plans for structure of Postal Bank
La Poste, the French postal service operator, has drawn up plans for the structure of the postal bank that it is planning to create. The company says that Efiposte, the subsidiary responsible for the management of funds for post office giro accounts, will form the basis of the new institution. La Poste will continue to own 100 per cent of shares in this company. SF2, the holding company that controls the group’s other subsidiaries and investments in the field of financial services, will be maintained and will be a 100 per cent subsidiary of the postal bank.
