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Home BUSINESSDanske Bank to close 37 branches in Finland
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Sat, 01 Jun, 2013 02:02:24 AM
FTimes-STT Report, June 1


Danske Bank will close 25 office on Monday while 12 other in the fall. Photo - Lehtikuva.
One of country’s largest banks, Danske Bank, previously known as Sampo Bank, has decided to close down nearly half of its branches in Finland.
The Bank authority said a total of 37 offices of the bank will be closed down in two phases during this year. In the first phase, 25 offices will be closed on Monday.
‘We have already had a network meeting in this regard,’ said Kenneth Kaarnimo, the senior Vice president (customer service) of the bank.
The bank authority also decided to turn 11 of the remaining 46 offices into expert centres to offer multi-channel services like online meetings with bank advisers.
Photo - Lehtikuva.
The third largest bank in Finland having one million private and corporate clients also estimated to reduce 170 to 195 staff at the preliminary stage through negotiation expected to be held in the coming week, said bank sources.


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