PARIS (Reuters) -Societe Generale, France’s third-biggest listed bank, is poised to close 101 branches in the country next year, the CGT union said in an emailed statement on Wednesday.
The management of SocGen’s French retail division informed staff representatives of the plan, the CGT said. A SocGen spokesperson declined to comment.
SocGen has already closed about 600 of the nearly 2,100 branches it had in 2020 following the merger of its two French retail banking networks. It currently has about 1,450 branches in France.
(Reporting by Mathieu RosemainEditing by David Goodman)
