Banks blasted over falling number of ATMs

Parliamentarians on Tuesday lambasted banks for the lack of ATMs, particularly in mountainous and remote areas, giving them a one-month deadline to come back with a plan for more extensive coverage .

At the House commerce committee, representatives of the two biggest banks – Bank of Cyprus and Hellenic – briefed MPs about the installation of 11 new ATMs in communities, as well as 400 ‘cashback’ points across the island.