Banks see efficiency gains after shedding 29 pct of staff, 42.6 pct of branches during crisis

EconomyBanking Tags: Banking
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

The impact from the restructuring of the Greek banking system during the crisis years was depicted in the figures provided by the Hellenic Bank Association (HBA) on Friday.

Following that restructuring, largely via consolidation, the four systemic Greek banks along with Attica Bank currently control around 95 percent of bank assets in Greece from 67.7 percent at the end of 2007.

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