Press Release | 25 November 2019

Orange Bank launches in Spain

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Orange Bank launches in Spain with 1% interest rate for deposits of up to 20,000 euros, one of the highest savings interest rates offered available in Spain. Orange Bank in Spain will be 100% mobile based, offering Orange customers a choice of savings account, cheque account, Mastercard debit card, group management, as well as discounts on Orange phone bills.

After the successful launch of its own bank in France, Spain becomes the second country in Orange’s global footprint to launch Orange Bank today, reinforcing the Group’s multiservice strategy and diversification into mobile and financial services across its markets.

Competitive, simple and accessible offer

Launching today across Spain, Orange Bank is an innovative 100% mobile-based banking offer for Spanish consumers. Customers will be able to open a current account with a Spanish IBAN, without any registration fee required. Customers opening a new savings account will also benefit from 1% interest remuneration on savings deposits of up to 20,000 euros, the highest available rate in Spain.

100% mobile bank in Spain

Orange customers will be able to access all of their banking services, at any time of the day, via their mobile. An Orange Bank app with a native interface ensures the best mobile experience in the market. From this app, customers can perform day-to-day banking operations, such as checking their expenses, paying with Apple Pay, moving their money between their savings and cheque accounts, making free SEPA transfers, and managing their card, for example, to freeze a card temporarily in case of loss or to reactivate it again if found. The app’s chat functionality enables customers to easily interact with banking agents for help and assistance at a click of a button.

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About Orange

Orange is one of the world’s leading telecommunications operators with revenues of 40.3 billion euros in 2024 and 127,000 employees worldwide at 31 December 2024, including 71,000 employees in France. The Group has a total customer base of 291 million customers worldwide at 31 December 2024, including 253 million mobile customers and 22 million fixed broadband customers. These figures account for the deconsolidation of certain activities in Spain following the creation of MASORANGE. The Group is present in 26 countries (including non-consolidated countries).
Orange is also a leading provider of global IT and telecommunication services to multinational companies under the brand Orange Business. In February 2023, the Group presented its strategic plan 'Lead the Future', built on a new business model and guided by responsibility and efficiency. 'Lead the Future' capitalizes on network excellence to reinforce Orange's leadership in service quality.

Orange is listed on Euronext Paris (symbol ORA).
For more information on the internet and on your mobile: www.orange.com, www.orange-business.com and the Orange News app or to follow us on X: @orangegrouppr.

Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited.