Alior Bank to cooperate with T-Mobile in Romania

Alior Bank has signed a contract with Telekom Romania, a unit of T-Mobile to provide financial intermediary services, Alior Bank said in a market filing. The deal will be a continuation of the cooperation between companies that enabled launching T-Mobile banking services in Poland in May 2014. "Telekom Romania, acting as a subsidiary, will offer selected products of the joint venture in its outlets," the statement read. Alior will set up a branch in Romania to service the clients. The bank will provide mobile and transactional banking services. Alior will be paying Telekom Romania a fee for each new customer, a monthly fee and a share in its gross profits. The cooperation between the two companies in Poland helped Alior attracting one million customers in the first year.