Postbank quits post offices

The Financieele Dagblad reports that the ING-owned Postbank is in the process of withdrawing its services from the TNT post office network. In Nijmegen this week a post office is to be replaced by two separate shops – one offering Postbank banking services and the other stamps and postal services.

Meanwhile TNT performed better than analysts expected in the third quarter of this year with operating profit up 8.9% to €257 mln, the company reported today. Turnover rose 9% at €2.4 bn, driven by its Express and European post networks.

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