Bank of Cyprus updates privacy statement in compliance with GDPR

The Bank of Cyprus on Monday announced a revision to its privacy statement in alignment with the European Union’s general data protection regulation (GDPR) and relevant national legislation.

The updated statement aims to enhance the protection and respect for the personal data of individuals, effective from May 25 under GDPR.

The privacy statement pertains specifically to the processing of personal data of natural persons falling into three categories.

These include customers or potential customers of the Bank; representatives of customers or potential customers; and beneficiaries of legal entities of customers or potential customers.

The bank said customers are encouraged to review the privacy statement to understand how the Bank of Cyprus processes their personal data, safeguards their rights, and ensures the secure use of their information.

The statement is accessible on Bank of Cyprus’ official website at www.bankofcyprus.com.cy, through its digital platforms, and at Bank of Cyprus branches.