BNP Paribas Fortis to close 267 of its 678 branches by end of 2021Friday, 15 March 2019 12:43
“To achieve this, we have to take account of digital and distance banking, whilst retaining a strong physical presence in the Belgian banking market,” the company further said.
From the current 678 branches, the bank will reduce to 592 by the end of the year and 411 at the end of 2021. The consequence will be the loss of 2,200 jobs.
There are some 800-1,000 voluntary redundancies likely from the company under the terms of the new collective bargaining agreement (CCT) which has been agreed in principle.
The Brussels Times
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