31.03.2022
The member banks of the Cyprus Banking Association are in full compliance with the imposed sanctions of the European Union and comply with the new framework, as they are constantly changing due to the extraordinary conditions that the entire planet is experiencing.
The Cyprus Banking Association emphasizes this in a statement, noting that none of its member banks are subject to EU sanctions.
“Customer service continues unhindered in order to protect economic activity,” the Cyprus Banking Association said in a statement, noting with sadness, concern and dismay that it is monitoring developments and the social, political and economic impacts.
“We hope,” he concludes, “that the war will end soon, the humanitarian crisis will end, and economic activity will return to normal.”
