Banking

Bank association urges customers to pay bills online to limit contacts, avoid cash

The Hellenic Bank Association (HBA) urged customers to favor electronic transactions over visiting bank branches and to rely on card payments instead of cash, as a way to limit the transmission of the new coronavirus.

In its press release, the association said banks would continue their operations as usual and resupply ATMs with cash.

N26 launches premium offering in Slovenia

What was the vision of the N26 founders in such a conservative industry, where the "name of the game" is TRUST?

The name of the game is trust, but the whole industry lacks innovation. Maybe banking is too slow because we want to provide trust in a way that new generations do not respond to,and because we are hindered by regulations.

Turkish Central Bank int'l reserves at $102.5 bln in January

The Turkish Central Bank's official reserves stood at $102.5 billion as of the end of January, the bank announced on Feb. 28.

The January figures showed total reserve assets dropped 2.9 percent from the previous month.

Foreign currency reserves - in convertible foreign currencies - fell 4.7 percent to $73.5 billion during the same period.

Turkish Central Bank int'l reserves at $102.5B in January

The Turkish Central Bank's official reserves stood at $102.5 billion as of the end of January, the bank announced on Feb. 28.

The January figures showed total reserve assets dropped 2.9 percent from the previous month.

Foreign currency reserves - in convertible foreign currencies - fell 4.7 percent to $73.5 billion during the same period.

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