Enria: Excellent cooperation with the Central Bank

Andrea Enria, Chairman of the Supervisory Board of the European Central Bank (ECB), highlighted the excellent cooperation with the Central Bank of Cyprus (CBC) during his visit to Cyprus on 17 and 18 January, part of his visit programme to the national supervisory authorities of the euro area.

According to a statement issued by the CBC, during his visit to Cyprus Enria held meetings with the CBC Governor, Constantinos Herodotou and with the management team of the CBC's Supervision Department, in addition to meetings with representatives of the Cypriot banking sector, with whom he had the opportunity to discuss supervisory issues.

Enria said he had very fruitful meetings with the Governor, the supervisory staff and the management of the CBC and a useful exchange of views with senior executives of Cypriot banks and thanked the Central Bank of Cyprus for the excellent cooperation, the statement notes.

For his part, CBC Governor Constantinos Herodotou said that the two sides had the opportunity for a constructive discussion on general and current supervisory issues, adding that Enria's views are valuable for all those involved or affected by the banking sector, especially in these unprecedented times for the industry and the global economy in general.

Herodotou also thanked the ECB official for the very good cooperation CBC has had with him personally and with the Single Supervisory Mechanism under his chairmanship, the statement concludes.