BGŻ BNP Paribas to end cuts this year

Bank BGŻ BNP Paribas is maintaining its plan to reduce its workforce by 1800 by the end of this year. The bank has however, reached its desired level of branches, which is 500, said bank board member Bartosz Urbaniak. On April 30, 2015, banks BGŻ and BNP Paribas announced that they would merge, and soon afterwards said they would make operational cuts in the aim of consolidation. The new-merged bank is part of the international BNP Paribas group and is noted on the Warsaw Stock Exchange.