Airbus Group has acquired its own banking license. The company invested in the Salzburg Muenchen Bank, which is part of the Austrian Raiffeisenverband based in Germany. According to several Austrian media outlets, the bank will be named Airbus Group Bank and will allow it establish its own financial services for Group business. Owning a banking license allows Airbus to deposit funds with the European Central Bank, as well as potentially draw on ECB funds. Establishing a banking license is ...

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