Tuesday 24 December 2024
 
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Saudi Saad Group

Awal cancels contracts of 28 employees

Awal Bank has paid off 28 of its 54 employees just a week after The International Banking Corporation (TIBC) cut its workforce by 21 people to just 20 members of staff. Both banks were put into administration by the Central Bank of Bahrain

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TIBC cancels 21 job contracts

Half the staff at The International Banking Corporation (TIBC) were paid off yesterday. A total of 21 staff were handed their notice yesterday at the bank, leaving only 20 employees at the financial institution which was put into administr

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