ECB Report‏: Greek Banks Reduced Number of Branches in 2014

greek banksGreek banks significantly reduced the number of their branches in Greece in 2014, the European Central Bank said in a report on Wednesday.

Greek bank branches totaled 2,688 at the end of 2014, from 3,109 in 2013 and 4,008 in 2010, while their workforce fell to 45,654 at the end of last year, from 51,242 in 2013 and 63,408 in 2010.

The number of bank branches continued falling in most EU member-states to 204,000 in 2014, from 211,000 in 2013. The number of workers in European banks fell by 74,000 last year to around 2.8 million.

(Source: ANA-MPA)


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