Ordinary people, large organisations should be treated differently by banks says CBC chief

Banks in Cyprus should not treat ordinary people with the same level of strictness as they do large organisations and investors, governor the Central Bank (CBC) Christodoulos Patsalides said on Saturday.

“ A salaried employee, with no other income, should not be treated with the same severity as an investor or a company with complex transactions . In other words, the principle of proportionality should be respected,” he said in