Greek banks are considering a joint ATM model to tackle high operating costs, inspired by the success of the model in Portugal.
Delia Niculescu
International
foto:shutterstock
Always see our news on Google
The proposal aims to create a network of ATMs operated under the same brand, similar to the Portuguese Multibanco model, which allows banks to share operating costs. This comes in the wake of the abolition of fees on cash withdrawals, which has affected ATM profitability. The fee-reduction law will come into force on August 11, which could affect Greek banks' revenues from fees charged to tourists.
Sources
Latest News
07:40
The Parliament is convened for a new extraordinary session between August 3 and 6 for the approval of the National Strategy for Biodiversity Conservation.
07:22
The USA and Japan, the first joint intervention in the yen market since 2011
07:09
Superliga: Rapid Bucharest defeats CFR Cluj 3-1 and climbs to first place in the standings
23:21
The option of a technocratic government could return to the negotiating table. Ciprian Ciucu: "The President would have tested one or two, three options, but I was not told what those options are."
22:53
The President of Brazil, Lula da Silva, is launching his campaign for a fourth term / He declares himself to be "in excellent shape" at the age of 80.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
