Central Bank of Savings Banks Finland Plc
Stock Exchange Release
11th of May 2022 at 9:30
The Savings Bank Centre initiates change negotiations regarding the personnel of the Savings Banks’ Union Coop, Savings Bank Services Ltd, Central Bank of Savings Banks Finland Plc, Sp-Fund Management Company Ltd and Sb Life Insurance Ltd. Approximately 470 persons are concerned within the change negotiation.
If the deliberate measures are applied, it’s estimated {that a} cessation will happen in a most of 45 positions. In addition, some duties might change considerably. Potential redundancies will likely be restricted by reallocating staff to new duties and roles. The closing personnel results will likely be confirmed after the negotiations.
Savings Banks Group
Further info:
Tomi Närhinen, Managing Director Savings Banks Union Coop
[email protected]
Central Bank of Savings Banks Finland Plc belongs to the Savings Banks Amalgamation and Savings Banks Group and acts as Group’s central credit score establishment. Central Bank of Savings Banks Finland Plc’s function is to make sure liquidity and wholesale funding of the Savings Banks Group by way of working within the cash and capital markets, to function cost transfers and issuance of cost playing cards.
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