BoC looking at more automation, cost-cutting, bank tells staff
Shifting to an increasingly automated environment, reduced red tape, and
simplified processes, created opportunities for cutting labour cost, an issue
that the Bank of Cyprus will be looking into as part of preparing next yearís
budget, a senior executive has said.
In a letter to staff, deputy CEO and chief operating officer Christakis
Patsalides, reiterated that the lenderís priority was to reduce its bad debts
further, still above 30 per cent against a eurozone average of 3 per cent.
Patsalides said the bank remained focused on... [Read More]
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum