The move comes two days after, Spain's 4th largest bank, approved the proposed tie-up with CaixaBank, its 3rd largest lender.
Both banks said they merger was needed to be better positioned to deal with the challenges facing the banking sector such as low interest rates and growing competition from financial technology startups. The COVID-19 pandemic has accentuated the situation due to the worsening economic situation, he added.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut: