Yiannis Papadoyiannis

Yiannis Papadoyiannis

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SSM head tells local banks challenges are far from over

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Single Supervisory Mechanism (SSM) chief Daniele Nouy held talks with the heads of the country’s four systemic banks on Monday. The discussions centered around the intensification of efforts to reduce bad-loan stocks, streamlining bank finances, financing the economy and the lenders’ corporate governance.