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Cash Transaction

Currency Buy Sell
EUR RUB 78.6149 83.1609
EUR CHF 1.0418 1.0873
EUR USD 1.1165 1.1565
EUR GBP 0.8935 0.9226

Non-cash Transaction

Currency Buy Sell
EUR RUB 80.3815 81.5245
EUR CHF 1.0721 1.0836
EUR USD 1.1380 1.1480
EUR GBP 0.9034 0.9106
16.07.2020

Internal Control Framework

The internal control departments of the Bank are independent of the business and the units which they monitor and control and they are, also, independent from each other. The purpose, standing and authority of each internal control department is governed by a charter which is approved and periodically reviewed by the Board of Directors of the Bank. Their aim is to ensure that the Bank is operating in full compliance with its banking license and the Regulatory Framework governing the operations of banks in Cyprus. The internal control departments are:

  • The Risk Management Department
  • The Compliance Department
  • The Information Security Unit
  • The Internal Audit Department

The internal control departments report their findings and assessments to the management body through the relevant Board of Directors Committees.

Internal Control Framework of RCB Bank Ltd