The banking industry and its regulatory environment are being reformed. In Europe, the change efforts of most banks are being focused on the enormous demands of the European Central Bank's Single Supervisory Mechanism requirements, the more stringent capital requirements, governance and risk management challenges. Yet to remain relevant, banks have to do more than respond to these challenges; their business models and culture of their organisations are being questioned and strategies and solutions are required for them to re-gain public trust and to generate sustainable returns for their investors.
PwC Cyprus has a dedicated team of banking experts that comprises 10 Partners and Directors and more than 100 client facing professionals committed in delivering quality in assurance, tax, regulatory advice and other consultancy services including governance, risk and compliance, process improvement, financial reporting and business development. The PwC Cyprus professionals operate within a tightly-knitted international network of industry experts ready to deliver local knowledge with global expertise to help turn challenges into opportunities in all key areas of your business.