Type
Business expansion
Country
Italy
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

120 jobs
Number of planned job creations
Job creation
Announcement Date
3 November 2016
Employment effect (start)
Foreseen end date
31 December 2017

Description

Italian banking group Credito Emiliano (Credem) is to hire 120 employees, mainly in Lombardy, Emilia-Romagna, Lazio, Campania, Calabria and Sicily.

Credem is performing a significant growth in terms of number of clients and market shares, and is intended to strengthen its position by investing in technological innovation and in its sales network.

The bank has already hired about 600 workers over the last three years, 170 thereof in 2016.

The recruitment will target young people to be trained and enrolled both in the headquarters and in the private and small business customer services.

The hirings will occur by means of fixed-term contracts, to be possibly shifted into permanent positions.


Sources

  • 3 November 2016: FIRSTonline
  • 4 November 2016: Gazzetta di Reggio
  • 4 November 2016: Il Sole 24 Ore

Citation

Eurofound (2016), Credito Emiliano, Business expansion in Italy, factsheet number 89086, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89086.