Laiki bank cyprus online dating
Legacy Laiki is what remains of Laiki Bank, which was the country’s second-biggest lender and is now effectively defunct, having been wound down under the terms of Cyprus’s bailout accord with international lenders.
Its assets, some of which were sold off and others transferred and merged with Bank of Cyprus, now represent 18 percent in Bank of Cyprus’s new shareholding.
Taking a couple of minutes to familiarise yourself with these general guidelines will give you an outline of the additional fees and charges payable on top of standard Cyprus mortgage rates. Take me straight to the Mortgage Rates There used to be a time when the Republic's major lenders would post their interest rates on their websites, and we in turn would post them here with regular updates.
But it seems something has changed in the banking sector of Cyprus.
That generosity, however, will not be extended to the island’s 60,000 British expats, who hold €2bn (£1.7bn) in accounts.
Failure to strike a deal could cause economic collapse and force Cyprus out of the European Union, which it joined in 2008.
Bailed-in depositors now hold around 81 percent of the bank’s capital, Bank of Cyprus said in a statement.
CY, owning 18 percent of shares following a bail-in of depositors to prop up the lender, Bank of Cyprus said on Wednesday.
The Cyprus crisis which erupted in March was the first time in the history of the euro zone that bank depositors were forced to take losses to prop up insolvent banks.
The lender is under an interim management and board of directors until an annual meeting of shareholders scheduled for the first half of September.
Location of Cyprus (pictured lower right), showing the Republic of Cyprus in darker green and the self-declared republic of Northern Cyprus in brighter green, with the rest of the European Union shown in faded green is an island country in the Eastern Mediterranean and the third largest and third most populous island in the Mediterranean.
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Cyprus is located south of Turkey, west of Syria and Lebanon, northwest of Israel, north of Egypt, and southeast of Greece.