Bank of Cyprus to suspend new fees and charges

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Bank of Cyprus’ CEO Panicos Nicolaou announced Thursday that the bank would suspend the new fees and charges for its services that was planning to introduce next January. In a written statement, issued after a meeting with the ruling party DISY delegation led by its president Averof Neophytou`s, Nicolaou said that the bank’s effort would be to educate their customers on digital servicse and keeping them informed on ways to avoid charges. As he said the first reason for the new charges, …

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