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Bank of Cyprus new offices in Aglandjia. The Nicosia Savings Bank or Nicosia Depository (Ταμιευτήριο η Λευκωσία) was founded on 1 January 1899 by a group of Cypriots led by Ioannis Economides, a figure in financial and social circles. The bank was the first Cypriot bank, with all the other banks in Cyprus being foreign-owned.
Cyprus Popular Bank (currently subject to resolution, prohibited from assuming any new obligations to the public) USB Bank (merged with AstroBank in January 2019) RCB Bank (ceased banking operations to become an asset management company) [ 4 ]
The 2012–2013 Cypriot financial crisis was an economic crisis in the Republic of Cyprus that involved the exposure of Cypriot banks to overleveraged local property companies, the Greek government-debt crisis, the downgrading of the Cypriot government's bond credit rating to junk status by international credit rating agencies, the consequential inability to refund its state expenses from the ...
Emporiki Bank (absorbed into Alpha Bank) Ergasias Bank (absorbed into EFG Eurobank) FBB - First Business Bank (split into "good" and "bad" bank, good bank assets taken over by National Bank of Greece, all former FBB branches closed) General Bank of Greece (bought by Piraeus Bank) Grindlays Bank (absorbed into Piraeus Bank)
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Bank of Ceylon (UK), part of Bank of Ceylon; Bank of Cyprus (UK), part of Bank of Cyprus; Bank of Ireland (UK), part of Bank of Ireland; Butterfield Private Bank; C. Hoare & Co; Cambridge & Counties Bank; Cater Allen Private Bank, subsidiary of Santander UK, part of Banco Santander; Child & Co (a branch of The Royal Bank of Scotland), part of ...
This week, we saw the Cypriot banking system collapse and be bailed out by the E.U., with the unprecedented move that retail bankers be required to pay a percentage of their bank accounts in order ...
The Central Bank of Cyprus ( Greek: Kεντρική Τράπεζα της Κύπρου Turkish: Kıbrıs Merkez Bankası) is the Cypriot member of the Eurosystem and has been the monetary authority for the Republic of Cyprus from 1963 to 2007, issuing the Cypriot pound. Since 2014, it has also been Cyprus's national competent authority within ...
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