After publishing its quarterly results, which show a loss of 41% of its deposits between the end of 2022 and the end of March, the shares of this bank, which had closed at a strong rise, lost ground.
The firm announced that it will establish savings measures, including a 20-25% reduction in its workforce in the second quarter.
“Deposit activity began to stabilize from the week of March 27, 2023 and has remained stable through Friday, April 21, 2023,” the bank said in a statement.
With information from AFP