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The meeting between the Minister of Finance Mr.Makis Keravnos and the President of the Association of Banks Mr.Panikos Nikolaou and the Director General of the organization Mr.Michael Kammas took place in a very positive and constructive atmosphere.
The discussion focused on the current economic conditions in the light of the successive challenges arising mainly from exogenous factors, the role of banks in providing financing to the real economy and the government's actions to shield the social fabric.
The two sides reaffirmed their shared commitment towards economic growth and social welfare within the supervisory, regulatory and regulatory framework as well as fiscal data and capabilities.
The banks analyzed the plans they are currently implementing, assuring the Finance Minister that they are ready to assist government initiatives to further support or relieve society from the current economic pressures. Besides, the joint effort and cooperation for the implementation of the forthcoming Rent versus Interest Plan was underlined.
On behalf of the Government, the Finance Minister reiterated his position that he sees room for narrowing the gap between deposit and lending rates, and referred to recent positive moves in this direction, as well as the provision of basic banking services at reduced costs for the benefit of households, businesses and citizens.
At the same time, there was a common recognition that the period ahead is characterised by uncertainty and various challenges, and on this basis only through dialogue and implementation of best practices will the economy be on solid ground.
A common message from the Minister of Finance and the Association of Banks, after the meeting, is that they will seek even more regular and productive meetings to review the data in the economy and take appropriate measures at the right time.
(NΓ)
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