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Banks need to find a new business model to adapt to the new era, Cyprus Central Bank Governor Constantinos Herodotou has said.Herodotou, who was addressing the online 8th Banking Forum & FinTech Expo on Friday, referred to measures taken by the ECB to curb the impact of the pandemic on the eurozone banking system, the steps taken on a national level and of the prospects and challenges ahead.Referring to the situation in Cyprus he said banks “continue to face challenges,” adding …
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