Bankinter Announces Merger with EVO Banco

Bankinter (ES:BKT) has released an update.

Bankinter has announced its decision to merge with its wholly-owned subsidiary, EVO Banco, aiming to enhance digital transformation and improve profitability. The merger, subject to regulatory approval, is set to integrate EVO Banco’s customers, business, and workforce into the Bankinter Group, with completion expected in the first half of 2025.

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