ECB approves transfer of some Revolut operations to France
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On October 22, 2026, the European Central Bank (ECB) approved the transfer of some assets and liabilities of Revolut Bank UAB to Revolut Bank S.A., based in Paris. The Bank of Lithuania said the notice was submitted for registration on November 6. According to the latest reports, the transfer is expected to be completed between December 2 and 5, 2026. The arrangement concerns some of Revolut’s operations at its Lithuanian banking entity, with its French banking entity in Paris as the recipient.
AI-written from reports · updated 1 hour ago
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- Fintech News SwitzerlandECB approves transfer of part of Revolut’s Lithuanian banking business to France
ECB has approved the transfer of some assets and liabilities of Revolut Bank UAB to Paris-based Revolut Bank S.A., with the transfer expected to be completed between December 2 and 5. A notice from the Bank of Lithuania said that ECB approved the arrangement on October 22, and the notice was submitted for registration on November 6.
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