The French government will decide in the next few weeks whether to allow Banque Postale, a unit of the French postal service La Poste, to compete with commercial banks in offering consumer loans, the daily La Tribune said, without specifying sources.
Finance Minister Christine Lagarde will meet with top officials of La Poste in the next few days to discuss the conditions for such authorisation.
Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]
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