Doubts raised over reducing lending rates
THE ASSOCIATION of Cyprus banks (ACB) expressed strong reservations on Monday about a proposed bill to reduce lending rates by providing disincentives for financial institutions...
banks
Eleven lessons from Cyprus’ bitter experience
By Theodore Panayotou Cyprus has paid dearly, and will continue to pay a high price for several years, for the profligacy of its public sector,...
Banking sector collapsed due to lack of national policy says report
CYPRUS had no coherent national policy to manage its large banking sector and there was no effective system of supervision, eventually leading to a disaster,...
Bank service was poor before bailout
Even if we discount the recent problems, Cypriot banks have delivered poor service underpinned by abysmal public relations. I have an account with Bank of...