New HB in the mak­ing, growth at 3.8%

Financial Mirror (Cyprus) - - FRONT PAGE -

Hel­lenic Bank is un­der­go­ing changes with a new re­struc­tur­ing and strat­egy plan to be an­nounced in April, while lat­est stats showed that the econ­omy saw a 3.8% growth rate in 2005, ac­cord­ing to the

is­sue 662, on March 15, 2006. Re­cently re­cruited CEO Makis Ker­avnos said that Hel­lenic Bank is un­der­go­ing a ma­jor trans­for­ma­tion with a shake-up of pro­ce­dures and cul­ture as part of a com­pre­hen­sive re­struc­tur­ing plan in com­pli­ance with Basel II, the CySE Cor­po­rate Gov­er­nance code and Cen­tral Bank di­rec­tives, some

New HB:

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