Marios Skandalis outlines new strategic plan for Association of Cyprus Banks

Marios Skandalis, the new General Manager of the Association of Cyprus Banks, announced a strategic shift to increase the organization's accessibility and public engagement. During a media briefing, he detailed plans to transition the Association into an entity that prioritizes open communication and partnerships with various stakeholders. The strategy emphasizes establishing closer collaboration with the government to strengthen the national economy and protect the country’s reputation. Furthermore, the Association aims to foster stronger ties with business, social, and consumer groups, including retirees, young people, and borrowers. Skandalis stated that this new chapter intends to improve transparency and mutual understanding within the financial sector. The initiative is designed to ensure the Association plays a more active role in public and economic discourse by proactively addressing market needs.