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Report: Norwegian savings bank to close 21 branches

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Report: Norwegian savings bank to close 21 branches

Norwegiansavings bank SpareBank 1Nord-Norge said March 30 that it was closing 21 branches, Dagens Næringsliv reported the same day.

No jobswill be lost as a result of the move, which will reduce the number of bank'sbranches to 38 in northern Norway's 35 municipalities, as most of the brancheswere staffed by one or fewer full-time equivalent employees, according to thereport.