Binder Groesswang has advised Anadi Bank on the framework for offering banking services within Austria's tobacco shops.
According to the firm, banking services will be offered under the Marie brand name, and "it will soon be possible to have bank accounts and cards, make incoming and outgoing payments and obtain consumer loans at numerous tobacconist shops. In addition, each partner shop will have a tablet that is directly connected with the systems of the Austrian Anadi Bank; using this tablet, customers will be able to choose and order the available banking products themselves. It will also be possible to make cash transactions at the participating tobacconist shops."
The Binder Groesswang team included Partner Stephan Heckenthaler, Counsel Stefan Frank, and Associate Andreas Perkonig.
The firm could not provide further details on the deal.
