Wednesday, July 1, 2015

ECB's Structural data reveals fall in bank employment in Europe

  • Decline in number of bank branches continues in most EU countries
  • Number of bank employees down by about 74,000 to around 2.8 million
  • the number of branches of domestic credit institutions has continued to decline, from around 211,000 at the end of 2013 to some 204,000 branches at the end of 2014. The number of employees of credit institutions in the EU has also fallen, to around 2.8 million in 2014, a decrease of some 74,000 compared with the figure for 2013.

https://www.ecb.europa.eu/press/pr/date/2015/html/pr150701.en.html
Note Data released for 2014 on 1 July 2015

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