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BREAKING NEWS

Poland's Getin Noble plans to let go up to 320 people

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WARSAW (Reuters) – Poland’s financially struggling Getin Noble Bank <GNB.WA> plans to let go up to 320 people, as part of a restructuring process aimed at cutting costs, it said on Tuesday in a statement.

Currently GNB has almost 4800 workers. The bank’s net loss narrowed in the second quarter to 89 million zloty (17.9 million pounds) from a 115 million zloty loss a year earlier, as it starts to recover after a liquidity crunch last year.

(Reporting by Marcin Goclowski)

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