About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, July 29, 2022

Orange Bank Sees Modest Growth

Orange said its mobile financial services activities continued to grow in the first half of 2022.  At June 30, 2022, Orange Bank had nearly 1.9 million customers in France and Spain, up from 1.6 million nine months earlier. In Africa, where it has launched a new microcredit service, Orange Bank Africa had 845,000 customers at the end of June, up from 600,000 at the end of September.

Orange Bank reported deposits of 1.06 billion euros in special savings accounts and 718 million euros in current accounts.  That was set against overdrafts of 844 million euros and housing loans of 994 million euros.  Source: Orange statements

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