The reorganization carried out between 2008 and 2010 reduced the number of branches from 97 to 58, of which 31 have been converted into more streamlined, specialized units. The yearly cost of the branch network has been cut by about 25 per cent in real terms.
A reassessment, open to the contribution of representatives of the staff, is now under way on the best way to guarantee the Bank’s efficient presence throughout the national territory. At the start of this year our head office was reorganized. In place of the old functional areas, we now have eight directorates general, with autonomous management responsibilities.