Cyprus Business Now

14 December 2021

Cyprus Business Now

Central Bank of Cyprus governor Constantinos Herodotou said on Monday that he is seeking ways to expedite banks’ client digital onboarding and reviewing processes, with Cypriot banks participating in this initiative.

Banks who have been engaged by the central bank and are currently a part of the entire process include the Bank of Cyprus, Hellenic Bank, Alpha Bank Cyprus, Astrobank, Eurobank Cyprus, RCB and the Cyprus Development Bank.
 
The implementation of such a solution aims to help real economy stakeholders, including businesses, as well the self-employed and households, by reducing the time they need to complete their banking services.
 
 
 
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