, Musgraves (who own SuperValu) are to open a bank.
Services to be offered:
No mention of current account, deposit account and mortgage products. Also no confirmation yet if it will be a joint venture with another bank.
Interesting move. Tesco Bank and Tusa Bank are 2 prior attempts here at supermarkets opening banks.
Tesco Bank, who launched with great ambition, but have yet to launch, once planned, deposit accounts. Tesco Bank also pulled back from offering loans. Credit Cards are Tesco Banks main offering here. Tusa Bank (join venture between PTSB and Superquinn) shut after 2 years.
Services to be offered:
- Debit Cards.
- Credit Cards.
- Loans.
- Insurance.
No mention of current account, deposit account and mortgage products. Also no confirmation yet if it will be a joint venture with another bank.
Interesting move. Tesco Bank and Tusa Bank are 2 prior attempts here at supermarkets opening banks.
Tesco Bank, who launched with great ambition, but have yet to launch, once planned, deposit accounts. Tesco Bank also pulled back from offering loans. Credit Cards are Tesco Banks main offering here. Tusa Bank (join venture between PTSB and Superquinn) shut after 2 years.