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Zuno Bank to end operations in Czech Republic in Raffeissen consolidation move

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Zuno Banka, an online banking unit of Raiffeisen in the Czech Republic and neighbouring Slovakia, will end operations in both countries by the end of the first half of 2017, Reuters and other sources report. The decision is a consolidation move on the part of the parent group, Raffeissen, the parent banking firm confirmed on Tuesday.

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