Banking network shrinks by over half

Cyprus’ banking network has shrunk by a quarter in the past three years, as many branches have closed and the workforce reduced as banks go digital. According to the Association of Cyprus


BoC closes more branches, removes ATMs

Bank of Cyprus is downsizing its network by closing 15 more branches and removing ATMs by next month as it speeds up its digital presence. Phileleftheros daily quoted sources saying the bank

Banks to close more branches this year

The pandemic has accelerated banks’ plans to downsize by closing more branches and merging others while making the most of technological advancements. News site Stockwatch quoted Hellenic Bank sources saying the group