Raiffeisenbank, which ranks among medium-sized domestic banks, plans to lay off tens to hundreds of people this year in search of savings as its revenues fell, CEO Mario Drosc said yesterday. The bank has 3,000 employees, according to information on its website. /NEUTRAL, other Czech banks including Ceska Sporitelna (Erste) and Komercni plan further cost cutting. Czech banks are due to report their earnings next week. We expect the pressure on top line continued in 2Q13 partly mitigated by lower operating costs.