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FOBANK Foeroya Banki P/F News Story

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Brief: BankNordik to conduct reorganisation involving 22 redundancies

Jan 19 (Reuters) - BankNordik P/F  BNORDIK.CO : 
    * To move selected activities to fewer locations 
    * Reorganisation will involve 22 redundancies, primarily in non-customer-faced positions 
    * Expects to be able to pay an extraordinary dividend of up to 200 million Danish crowns 
    * Expects to be able to pay a further dividend of not less than 100 million Danish crowns 
    * Consolidation of IT branches in Jutland into four personal banking centres located in 
Aarhus, Kolding, Esbjerg and Haderslev 
    * Will also move all branch support to Faroe Islands over next six to eight months 
    * Retains its full-year guidance for 2015 
    * Expects that two thirds of Danish corporate banking activities will be wound up during H1 
2016 
 
Source text for Eikon:  ID:nICE68fp  
     
Further company coverage:  BNORDIK.CO  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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