EON group to retain staff after merger

TAIPING: None of the 4,500-odd employees of the EON Bank group will be retrenched under its ongoing merger and rationalisation exercise, said its deputy group chief executive officer Abdul Jamel Pawanteh. 

Under the exercise which began last year, many of the 150 branch offices of EON Bank Berhad and EON Finance Berhad will be merged, providing integrated banking and financing services called the “One-stop Banking Centre”.