Banco BNI Europa has entered into a cooperation to enable its customers to access European savings products provided by Raisin.
Through Banco BNI Europa´s website, Portuguese savers will gain access to the provider of savings and investment products and its partner banks across Europe.
Pedro Pinto Coelho, executive chairman at Banco BNI Europa (pictured above), said that Portuguese savers could diversify their savings by opening and managing term deposits throughout Europe with a chance to gain higher interest.
“Without the Raisin platform, willing savers not only have to research the country, the bank and the product by themselves, but also comply with varying account-opening procedures in foreign countries.
“This cooperation is a step further on our challenger bank strategy of delivering innovative, quick and easy-to-use products to our clients.”
The integration of the service into Banco BNI Europa follows a number of other partnerships across Europe, which has seen it team up with BinckBank from the Netherlands and N26.
Dr Tamaz Georgadze, CEO and co-founder at Raisin, added: “We are delighted to further deepen our cooperation with Banco BNI Europa and the new possibilities it opens up for savers in Portugal, allowing them a broader choice of where to deposit their money.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Revolut names new non-executive chairman of the board
Revolut has named Martin Gilbert (pictured above) as its non-executive chairman of the board...
Secure Trust Bank Commercial Finance exceeds £4bn in lending
Secure Trust Bank Commercial Finance has now surpassed £4bn in total lending since launching in 2014...
Charity Bank provides 1,000th loan
Charity Bank has reached a lending milestone by issuing its 1,000th loan...
Wesleyan Bank launches cash flow product for renewable sector
Wesleyan Bank has launched a bespoke cash flow product for the renewable heat sector...
Al Rayan Bank extends BTL range
Al Rayan Bank has extended its BTL range and is now offering landlords 80% finance-to-value (FTV) for its BTL purchase plan (BTLPP) products...
The ongoing digital revolution is re-writing the communications manual
The evolution of new communications technologies is redefining the customer experience in the specialist banking market, with customers having higher expectations in regard to how, when and where they want to be communicated with...
Aldermore introduces new broker portal
Aldermore has launched Asset Backer, a new online broker portal...
Cambridge & Counties launches holiday let mortgage
Cambridge & Counties Bank has launched a new holiday let mortgage product...
This is the world of new rules and ideation for SME banking
The banking ecosystem is changing and there is possibly no better time than now for digital transformation, with technologies being readily accessible, more powerful and more economical than ever before...
Gatehouse Bank announces promotion within residential property finance team
Gatehouse Bank has promoted Thomas Humphreys (pictured above) to the position of telephony business development manager within its residential property finance team...
Nottingham Building Society joins Air Mortgage Club retirement lending panel
Air Mortgage Club has added Nottingham Building Society to its retirement lending panel...