The two sides reaffirmed their common commitment to the direction of economic development and social welfare
The current economic conditions in the light of successive challenges arising mainly from external factors, the role of banks in providing financing in the real economy and the actions of the Government to protect the social fabric are the topics that were at the center of the meeting of the Minister of Finance with the leadership of the Association of Banks, on Tuesday. Meeting during which the Minister of Finance reiterated the position to limit the gap between deposit and lending rates.
According to a joint announcement by the Ministry of Finance and the Association of Banks, the meeting took place in a particularly positive and constructive atmosphere. On the part of the Association of Banks, the President of the Association Panikos Nikolaou and the DG Michalis Kammas participated.
As noted, the two sides reaffirmed their common commitment to the direction of economic development and social welfare within the framework of the supervisory, regulatory and regulatory framework as well as fiscal data and capabilities.
The banks analyzed the plans they are currently implementing, assuring the Minister of Finance that they are ready to support state initiatives to further support or relieve society from the current financial pressures. At the same time, the joint effort and cooperation for the implementation of the upcoming Rent vs. Installment Scheme was underlined.
On behalf of the Government, the Minister of Finance reiterated his position that he sees room for narrowing the gap between deposit and lending rates, while he referred to recent positive moves in this direction as well as the provision of basic banking services at a reduced cost for the benefit of households, businesses and citizens.
At the same time, it was common to find that the following period is characterized by uncertainty and various challenges and based on this fact only with dialogue and implementation of best practices will the economy be on solid ground.< /p>
The common message of the Minister of Finance and the Banking Association after the end of the meeting, as noted, is that they will seek even more regular and productive meetings with the aim of reviewing the data in the economy and taking the appropriate measures at the appropriate time .
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