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
21:34
Donald Trump stated that the naval blockade of the USA against Iran will only be lifted in the case of an agreement or a total surrender of Tehran.
21:14
Grozăvești CET resumes electricity production, providing 30 MW for the stabilization of the National Energy System.
20:58
Control and propaganda: how the North Korean regime uses the heatwave to project stability
20:41
Diana Buzoianu requested an urgent inspection to verify the prioritization of environmental issues in the counties of Ialomița, Gorj, Suceava, Timiș, and Tulcea.
20:18
Attacks on the Caspian pipeline force Kazakhstan to increase its exports to China
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
