Orange Bank launches in Spain; offers best interest rate in the country

26 Nov 2019

After the successful launch of its own bank in France, Spain becomes the second country in Orange’s global footprint to see the launch of an Orange Bank. The 100% mobile-based banking offer provides customers opening a new savings account with 1% interest remuneration on savings deposits of up to EUR20,000 (USD22,032) – the highest available rate in Spain.

Orange Bank CEO Paul de Leusse commented: ‘Orange Bank, now strongly established in France with 500,000 customers after two years’ of existence, is proud to expand its footprint with its Spanish branch … Banking and financial services is a key strand of the group’s multiservice strategy and reinforces Orange’s commitment to deliver services designed to enrich our customers’ lives.’