Tuesday, September 09, 2003

Local Rabobanks will further team up

Het Financieele Dagblad reports that an internal report (Vision 2005) of the Rabobank indicates that more and more local bank-branches will (need to) team up, resulting in an overall number of 350 Rabo bank branches. Staff cuts for overhead departments are also to be expected. In sum a number of 2000 jobs may be at stake.