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> The grocery entity and the banking entity need to be separated Quite a few of the grocery chain cards here in Sweden have accounts backed by chain-owned bank
by yxhuvud 6y ago
> The grocery entity and the banking entity need to be separated
Quite a few of the grocery chain cards here in Sweden have accounts backed by chain-owned banks. So at least here, the separation is not all that great.
- anticristi 6y agoThey share branding and sometimes ownership, but the entities are separated. ICA Gruppen has ICA Banken as a bank subsidiary. COOP outsourced banking to EnterCard, etc.