16 April 2014 17:27

Changes to bank opening hours will be discussed between the Cyprus Bankers Employers' Association (KEST) and the bank employees union (ETYK) after Easter.
According to an agreement signed between the two sides, discussions on bank hours were set to start in March, but there have been no meetings on the issue so far.
Talks are expected to go ahead after the Easter break and are expected to last four months with the help of Labour Minister Zeta Emilianidou if necessary.
Discussions are also underway with the Bank of Cyprus which is no longer a member of KEST, while the Co-operative Central Bank who also left the union will try to launch a dialogue with the unions on issues related to customer services.
Chairman of the Co- operative Central Bank Trusteeship Nicolas Hadjiyiannis said the issue will be examined in May, after all co-ops have started operating under their new administration.
He said the aim of the talks is "to operate in such a way as to serve the public in the best possible way and become as efficient as we can".
ETYK is expected to present a common proposal to implement identical opening hours for all the island's banks, while this position is also echoed by the Central Bank which has expressed concerns over the additional opening of some co-ops on Saturdays.
Longer hours are supported by the government. Finance Minister Haris Georgiades has said that Cyprus cannot be the only EU country where banks stop serving the public at 1.30pm.
 


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