Cyprus Central Bank Governor Says Bad Loans Are Still a Challenge

The video discusses the challenges and strategies for improving profitability in banks, focusing on reducing high costs and managing non-performing loans in Cyprus. It highlights the progress made in reducing non-performing loans and efforts to combat money laundering. The discussion also covers banking strategies, including domestic focus and correspondent banking challenges, and concludes with an overview of economic progress and future outlook.

What is the current status of non-performing loans in Cyprus compared to the eurozone average?

What challenges do international banks face in conducting dollar transactions in Cyprus?

How do you perceive the relationship between GDP growth and the banking sector's recovery?