Financial Times FT.com

Tesco to open bank branches in its stores

By Tim Bradshaw in London

Published: March 29 2009 19:42 | Last updated: March 29 2009 19:42

Tesco is hoping to capitalise on consumers’ disenchantment with traditional banks by pushing more aggressively into personal finance products.

Britain’s largest retailer will open 30 branches of what is likely to be branded Tesco Bank within existing supermarkets before the end of 2009.

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