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Cyprus News Agency: News in English, 13-07-31

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] CBC announces significant progress with financial sector reform

    programme


  • [01] CBC announces significant progress with financial sector reform programme

    The Central Bank of Cyprus announces that significant progress has been made with the Financial Sector Reform Programme at the conclusion of the three week mission of the international lenders the Troika (EC, ECB, IMF).

    A press release by the CBC notes that the Cypriot authorities have already started to implement a comprehensive action plan to ensure that banks are well capitalised and viable.

    "The regulation and supervision of the banking sector is being strengthened, thus restoring depositor confidence and enhancing the sector's capacity to contribute to economic growth", it is stressed.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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