ProCredit Bank

Type
Business expansion
Country
Bulgaria
Region
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
200 jobs
Number of planned job creations
Job creation
Announcement Date
9 April 2008
Employment effect (start)
1 January 2008
Foreseen end date
9 April 2008

Description

ProCredit Bank has created 200 new jobs since the beginning of 2008. Most of the new jobs are for credit inspectors, banking services experts, cash transaction expert and credit administration expert. The average age of the newly hired employees is 29. As of March 2008, the bank has 72 branches throughout the country.

Citation

Eurofound (2008), ProCredit Bank, Business expansion in Bulgaria, factsheet number 66890, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66890.