Up to shareholders to remunerate bankers, supervisor signals important, Zenios says

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Up to shareholders to remunerate bankers,...
 © BusinessMail 2020
By Stelios Orphanides

Cyprus needs world class bankers if it wants to restore the reputation of its banking system, badly tarnished in the 2013 banking crisis, and remuneration can be a way to attract them, an academic said.

“We need to attract world class bankers to Cyprus in order to restore the reputation of our banking system, modernise it and strengthen it,” Stavros Zenios who teaches finance and risk management science at the University of Cyprus and the Norwegian School of Economics said in a telephone interview. “Therefore, it is up to the...


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Up to shareholders to remunerate bankers, supervisor signals important, Zenios says


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