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Binckbank NV Initiates Review Of Options For Sale Or Alliance For Non-Banking Activities


Monday, 11 Nov 2013 01:18am EST 

Binckbank NV announced that as part of a proposed divestment, BinckBank is initiating a review of the options for a sale or alliance for its non-banking activities, which comprise the BPO and software & licensing activities. The software and licensing activities are performed by Able B.V., an independent unit of BinckBank NV The BPO services are provided by Binckbank NV (Professional Services). The aforesaid units operate jointly in the market under the name "Able". With the proposed divestment, BinckBank is according strategic priority to an accelerated realisation of its Retail strategy for the (European) online brokerage and asset management services. 

Company Quote

7.787
0.208 +2.74%
11:35am EDT