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Bank of Moscow to cut a quarter of its staff
2.02.2012 16:50
Bank of Moscow to cut a quarter of its staff

By 2015 Bank of Moscow is going to discharge 2 000 people, what makes a quarter of its staff, report The Vedomosti referring to an unpublished financial plan.

The most cuts will be done in the Bank’s regional offices. In 2012 the Bsnk is planning to close 70 offices and 1 or 2 branches. In the start of the next year 33 branches will change their status to operational offices, due to what 400 people will be dismissed.

These measures will help the bank to save 180 million Rubles a year.

Mikhail Kuzovlev, the President of Bank of Moscow, told, that the Bank will determine ten key regions for its active development. At the moment the Moscow office is recruiting new staff.  


Author: Irina Fomina

Tags: Russian banks     

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