Volksbank, the parent company of SNS, ASN, BLG Wonen, and RegioBank, announced plans to close up to 290 branches and cut 700 to 750 full-time jobs as part of a sweeping reorganization. The state-owned bank also set aside 340 million euros to 360 million euros to fund the restructuring, which will significantly impact profits but is expected to result in …
De Volksbank, the parent company of banks SNS and ASN, is cutting between 700 and 750 full-time jobs in a reorganization announced on Tuesday. Finance Minister Eelco Heinen informed parliament last month that this Cabinet plans to take the bank public or sell it to an investor. “The transformation is initiating fundamental changes that should lead to an agile, cost-efficient …
