Predictions of Challenges for Bank Employees
June 2, 2025
The renewal of the collective agreement between ETYK and the Cypriot Employers' Association of Banks is moving forward without issues, but bank employees need to prepare for tough times ahead. The honorary president of ETYK, Loizos Hatziykostis, warned of the challenges to come, emphasizing that bank profitability will decline. The atmosphere between banks and ETYK is better than before, indicating hopeful signs for their cooperation. However, there is a pressing need for strong leadership and active member engagement.