ATHENS Mon Dec 30, 2013 2:46pm EST
Dec 30
(Reuters) - More than 2,000 people have signed up for a voluntary redundancy
scheme at Greece's biggest lender, National Bank (NBG), aimed at shedding about
15 percent of its workforce to cut costs, an NBG official told Reuters on
Monday.
Hammered by
Greece's six-year recession, the country's four major lenders had billions
pumped into them to prop them up after a sovereign debt restructuring last year
and rising bad loans and are now restructuring to trim their cost base.
NBG
employees, including staff of small lenders Probank and FBB which were taken
over earlier this year, had until Dec. 30 to decide whether to take the offer.
The bank
will announce on Tuesday whether it will accept all the offers, the official
said, speaking on condition of anonymity.
NBG had
said the cost of the scheme if 2,000 employees accept the offer will come to
160 million euros ($221 million)and generate annual payroll savings of about
120 million euros.
In
September, Piraeus Bank shed about 12 percent of its workforce through a
similar redundancy scheme and last month Eurobank said more than 10 percent of
its staff took a voluntary exit offer.
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