Banks to Reduce Fees and Interest Rates for Vulnerable Groups
December 18, 2024
Banks in Cyprus are set to announce reductions in fees and interest rates for vulnerable groups such as retirees and young people. Finance Minister Makis Keravnos stated that these changes will positively impact many thousands of citizens. He also mentioned plans for installing ATMs in remote areas without fees for customers using machines from other banks. Ongoing dialogue with banks aims to find further supportive measures.