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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    EU banks close more than 9,000 branches

    Rocky
    Rocky
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     EU banks close more than 9,000 branches Empty EU banks close more than 9,000 branches

    Post by Rocky Wed 13 Sep 2017, 9:48 am

    [size=30]EU banks close more than 9,000 branches[/size]
    13/09/2017 12:01 | Number of readings: 86
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     EU banks close more than 9,000 branches Thumbnail.php?file=manar_06914450015052875147_586079367

    [rtl]Data showed that banks in the European Union closed 9100 branches and eliminated about 50,000 employees last year as a growing number of customers began to use electronic banking operations and kept rates at very low levels.[/rtl]
     
    [rtl]The number of bank branches in the European Union fell to 189,000 by the end of 2016, a drop of 4.6 percent from the previous year, the European Banking Association (EBU) said.[/rtl]
     
    [rtl]According to the data, the number of workers has reached the lowest level since 1997, reaching about 2.8 million people.[/rtl]
     
    [rtl]Since 2008, the total number of bank branches closed across the European Union has reached 48,000, a decline of more than 20 percent. But the banks accelerated the closures last year compared with 2015 when the proportion of branches that closed down 3 percent.[/rtl]
     
    [rtl]According to Reuters, the data showed that the number of banks in the European Union reached 6596 banks by the end of 2016, a decrease of 6 percent from the previous year.[/rtl]




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