5 ms·

What went wrong?

• joering2 6y ago
  Something must have gone wrong. I know for fact that in Poland you can bank at post office at least since 90s. Its still common think for seniors to have no bank account because there is no need to. They typically get pension in form of a government check that they cash at "Poczta Polska" and then use cash to shop. Post office also pays all the bills, utilities etc, so long as you know corporation/receipient bank number.
• allendoerfer 6y ago
  Nothing. It got privatized and is currently owned by Deutsche Bank.
  • Talanes 6y ago
    It's not nothing if it was privatized. Either something went wrong to drive privatization, or nothing was going wrong to begin with and then privatization was what went wrong.
    • allendoerfer 6y ago
      Postbank got privatized, because in the 90s everything got privatized. It is used today by Deutsche Bank to target its private customers. It is not one of the fintechs but generally able to compete in that market.