The future

PricewaterhouseCoopers Ltd

PwC Central, 43 Demostheni Severi Avenue,CY-1080 Nicosia, CyprusP O Box 21612, CY-1591 Nicosia, CyprusTel:+357-22555 000, Fax:+357-22555 001

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of Banking

The Future of Banking - December 2018

Regulation is here to stay and is continuously evolving with stricter requirements

Margin erosion makes cost optimisation a necessity

There is no future without transformation

The competitive environment is widening, affected by the disruptions of the FinTech revolution

What are your thoughts? We are readyto listen. In a demanding and challenging environment, PwC Cyprus has a dedicated team of banking professionals who operate within a tightly-knitted international network of industry experts ready to deliver local knowledge with global expertise. We help our clients turn challenges into opportunities by delivering quality in assurance, advisory, tax and legal services.

Institutions need to go beyond traditional measures and transform their business models, embrace digitisation and adapt to the dynamic politically driven environment to tackle structural problems

Technology is rapidly becoming a key enabler of both customer experience and effective operations.

Customers demand higher service levels and value, while trust is at an all-time low

Vassilios VrachimisPartner, In charge of Banking

T: +357 22 555 128M: +357 96 555 137vassilios.vrachimis@pwc.com

Cyber security

Tax & Legal

Strategy &

business model

Risk & Regulation

Customer centricity

Deals & Structure

Data management

& analysis

Technology