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Cyprus Business Now: PwC Foundation and National Bank of Greece (Cyprus) Initiatives

volunteering community involvement

The PwC Foundation in Cyprus has launched “Volunteering Days,” with over 220 volunteers participating in community service activities such as supporting local foundations and environmental cleanups. The National Bank of Greece (Cyprus) is focused on sustainable economic growth, integrating digital platforms, and exploring blockchain technology for enhanced transparency in banking.

What are the recent community and environmental initiatives of PwC Foundation and the National Bank of Greece (Cyprus)?

  • Over 220 PwC volunteers participated in “Volunteering Days” for community service activities, including supporting local foundations and environmental cleanups.
  • National Bank of Greece (Cyprus) focuses on sustainable economic growth, integrating digital platforms, and exploring blockchain technology for enhanced transparency in banking.

PwC Foundation’s Community Involvement Through Volunteering

The philanthropic arm of PwC Cyprus, the PwC Foundation, has launched its “Volunteering Days,” an initiative that spans several days, including the International Volunteer Day on December 5. Over 220 PwC volunteers are dedicating their time and effort to a variety of community service activities. These endeavors underscore PwC Cyprus’ commitment to fostering a positive social impact within the local community.

From December 4th to 8th, these volunteers are participating in a host of charitable activities. They are lending their support to the Karaiskakio Foundation by contributing to its Advent Calendar and baking for the Alkionides Foundation. A clothing and goods collection for SPAVO underscores the focus on family violence prevention. Additionally, these volunteers are creating joyous environments for children and animals alike, whether it be through festive decorations at Evangelismos Special School or socializing with dogs at 2nd Chance Dogs to improve their chances for adoption.

Engaging with the Environment and Health

The outreach extends beyond direct charity work. PwC volunteers have been actively involved in environmental initiatives such as the cleanup and rejuvenation of Agiou Demetriou Park in collaboration with Strovolos Municipality and local NGOs. Their goal: to create a more inviting space for local families. PwC Cyprus’ efforts also converge with health initiatives, including blood donation drives and support for the Cyprus Red Cross Society, where they assist with sorting and distributing clothes.

In a significant display of solidarity with men’s health, PwC Cyprus supported Movember Cyprus by participating in the annual event, which involves growing mustaches to raise awareness for men’s health issues. Furthermore, redirecting funds typically allocated for client and associate gifts, PwC Cyprus backed the “One Dream One Wish” association, aiming to bring joy to children affected by cancer and related diseases.

National Bank of Greece (Cyprus) Aims for Sustainable Development

In a related development, the National Bank of Greece (Cyprus) has reiterated its commitment to sustainable economic growth on the island. During a recent speech at a prominent Banking Forum & FinTech EXPO in Nicosia, CEO George Agioutantis elaborated on the transformation sweeping across the banking sector. Under his vision, the bank focuses on integrating new digital platforms to better serve consumer needs and improve customer journeys through automation.

Agioutantis also touched upon the disruptive potential of emerging technologies like blockchain, which is poised to enhance transparency across banking operations. He foresees this as a pivotal element in navigating the sector’s evolving landscape, addressing trends, challenges, and opportunities that lie ahead.

Stock Market Gains and the Cyprus Stock Exchange

On the financial front, the Cyprus Stock Exchange (CSE) reported gains, with the general Cyprus Stock Market Index observing a slight uptick during trading hours. Notably, the total value of transactions amounted to substantial figures, signaling active investor engagement. The FTSE / CySE 20 Index also witnessed a marginal increase.

Investments flowed primarily into key entities like the Bank of Cyprus, signaling investor confidence in the bank’s performance. Other companies, such as Demetra Holdings and Logicom, also saw significant investment activity, highlighting the dynamic nature of the local stock market.


These initiatives and financial activities reflect a broader commitment to social responsibility and economic stability in Cyprus. Through the efforts of PwC Foundation and the National Bank of Greece (Cyprus), along with other stakeholders, the island continues to strive for a community-oriented and sustainable future.

1. What is the PwC Foundation’s recent community involvement initiative?

The PwC Foundation in Cyprus has launched “Volunteering Days,” with over 220 volunteers participating in community service activities such as supporting local foundations and environmental cleanups.

2. How is the National Bank of Greece (Cyprus) focused on sustainable economic growth?

The National Bank of Greece (Cyprus) is focused on sustainable economic growth, integrating digital platforms, and exploring blockchain technology for enhanced transparency in banking.

3. What are some examples of PwC Foundation’s community service activities?

PwC volunteers have been involved in activities such as supporting the Karaiskakio Foundation, baking for the Alkionides Foundation, collecting clothing and goods for SPAVO, decorating Evangelismos Special School, socializing with dogs at 2nd Chance Dogs, and supporting blood donation drives and the Cyprus Red Cross Society.

4. What did the CEO of the National Bank of Greece (Cyprus) discuss at a recent Banking Forum & FinTech EXPO?

The CEO of the National Bank of Greece (Cyprus) discussed the bank’s commitment to sustainable economic growth, the integration of digital platforms to improve customer experiences, and the potential of blockchain technology for enhanced transparency in banking operations.

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