News Local RCB CEO re-elected head of Association of International Banks in Cyprus

RCB CEO re-elected head of Association of International Banks in Cyprus

Kirill Zimarin, CEO of RCB Bank Ltd has been reelected to the Presidency of the Association of International Banks in Cyprus during the 16th Annual General Meeting that took place in Limassol yesterday.

According to a press release issued by the Association, Zimarin, who has been President of the Association since 2008, will continue to chair the Association for the next two years.

Referring to the latest developments in the economy, Zimarin said he was pleased that the Cyprus economy recorded growth, noting at the same time the remaining challenges such as the ever-changing regulatory environment, the sanctions imposed and the issue of non-performing loans (NPLs).

“But overall we share the assessment of both the Cyprus government and international institutions that there has been a remarkable recovery. Financial stability is one key condition for our sector to be able to operate optimally and therefore we welcome steps in that direction,” he added.

With regards to the multifaceted work conducted within the past years, Zimarin reiterated the Association’s commitment to support the interests of its members, taking up their problems and concerns and seeking to achieve the best possible solutions.

The Association of International Banks was established in Limassol in 2002, with the aim of representing the interests of international banks in Cyprus. Since its inception, the Association, which has of 20 member-banks, has played a leading role with regards to issues affecting or otherwise impacting upon the international banking sector.

(Cyprus News Agency)

Top Stories

164 new cases, one death announced on Thursday

The Health Ministry announced the death of one person due to COVID-19. This raises the death toll from the virus in Cyprus to 178,...

Where to get antigen rapid tests on Friday

The Health Ministry announced the following antigen rapid test sites for Friday, 22 January 2021: LIMASSOL Parking place Sklavenitis supermarket, Germasogia 08:30-16:30 Parking place Lidl supermarket, Limassol...

Alcohol consumption among Cypriot students high

Alcohol consumption among students has been reduced, the Cyprus National Addictions Authority ascertained on the basis of a European research, conducted every four years....

Earthquake measuring 5 felt all over Cyprus

An earthquake measuring 5 on the Richter scale occurred around 16:30 and was felt all over Cyprus. Due to the earthquake, the Parliament session that...

UK hits 5m vaccine doses as health minister defends scheduling change

British health minister Matt Hancock on Thursday (January 21) lamented another record daily number of COVID-19 deaths, but hailed the achievements of the UK's...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...