Novagalicia 600 more Bank announces low and the closing of 110 offices

Novagalicia Bank has announced during the morning of today the unions that need to lower the invoice of the expenses of personnel in 50 million annual Euros. No longer there are hot cloth: "The bank will study measures of saving by the route of the group reduction as well as of progressive wage diminutions, with greater impact in the elevated repayments more", it announced the official official notice. All the glances focus to the central services of Vigo and Corunna that "will be adapted half to the so large one of the rest of the financial sector. For it, they must have a dimension nonsuperior to the 1,325 professionals". Altogether the organization calculates that they are due to produce more between 600 and 650 low ones in the group, of which enters 350 and 400 correspond to the network of branches.  The reduction of offices is quantified in 110, "which it will allow him to operate in all the provinces and the main Spanish cities with one better structure of costs", according to the official note. The re-sizing plan does not anticipate changes in the commercial network of Galicia, Asturias and Leon that operates under the Novagalicia mark.

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