Eurobank Announces Voluntary Exit Plan with a 12-Month Timeline
September 15, 2025
Eurobank provided an update on its operations and the economic situation in Cyprus. It was announced that there will be a voluntary exit plan for employees with a timeline of 12 months. The CEO emphasized the importance of discussions with the banking union, ETYK, before any action is taken. Negotiations for the collective agreement of bank employees are ongoing. The financial figures of the new bank appear positive, with stable lending rates.