Banks cut almost 13,000 employees, 2,000 branches in 10 years

Banks operating in Portugal cut almost 13,000 employees and closed more than 2,000 branches between 2009 and 2019, according to the update of the long series of the Portuguese banking system of the Bank of Portugal. According to the information released on Thursday, in 2019 there were 45,884 workers in the domestic bank industry operating … Continue reading Banks cut almost 13,000 employees, 2,000 branches in 10 years