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Citibank Korea To Downsize its Branches

Apr 14, 2017 AM EDT - Amrin Shaikh

Citibank Korea to Reduce Branches; Transforming Full-Time Employees to Contract Based Workers

Citigroup Inc., stated that it is closing around 100 branches of Citibank Korea. The company has released a statement on Thursday which has clarified that the company is going to offer financial services through online channels. This even announced to reduce the number of physical branches.

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