Today: January 20 2019
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What banks are used by the people of Cyprus?

What banks are used by the people of Cyprus?

Tags: Cyprus, Economy, Banks, Society, Polls, Statistics

The main banks of 80% of Cypriot households are the Bank of Cyprus and the Cyprus Cooperative Bank. Such data leads the business portal StockWatch following the survey of 1 803 households in Cyprus.

In particular, Bank of Cyprus its main bank was named 40% of respondents, and Koop - 37%. Another 10% use mainly services Hellenic, 2% - services of Alpha Bank and 1% - services of AstroBank and USB. Another 5% could not determine which bank is the main one for them, and 2% chose not to answer this question.

At the same time, many do not limit their credit and financial operations to one bank. So, the share of those serviced by the Bank of Cyprus and the Cooperative Bank is about 60% for each, another quarter conducts certain operations through Hellenic. About 8% apply for services in Alpha Bank and 4% - in AstroVank. At the same time 3% of the respondents stated that they do not cooperate with any of the banks.

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