Financial Mirror (Cyprus)

New HB in the making, growth at 3.8%

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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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