RCB Bank Board of Directors decides on new five – year strategy

The Board of Directors of RCB Bank has approved the strategy for 2019-2023, which aims at operational excellence. The Bank will continue its’ path of successful development as one of the major Cypriot financial institutions.

The key pillars of the new five-year strategy include further expansion in the domestic market, increasing the loan portfolio to corporates, focused international private banking business as well as technological investments for the development of innovative products for customers. RCB Bank will optimise its organizational structure and business processes to be aligned with new strategic targets.

Unveiling the strategy, the Chairman of the Board of Directors of RCB Bank Panayiotis Loizides said: “The Bank is in a strong financial position to execute our ambitious plan and to continue delivering our common vision to offer the best customer experience and support Cyprus’ economy”.