Building savings and mortgage bank Wüstenrot became part of MONETA Group on April 1st, 2020. Through this step, MONETA doubled its share in the mortgage market and entered the building savings market. At the same time, MONETA acquired more than 400 thousand new clients. Wüstenrot – stavební spořitelna carries a new name in the banking market – MONETA Stavební spořitelna. MONETA also plans to merge the mortgage bank with its own mortgage division of MONETA Money Bank. The merger should take place by the end of 2020 providing that the bank receives regulatory approval for this step.
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