Tuesday

26th Jul 2016

Ticker

Bank of Cyprus raises €1bn

The Bank of Cyprus on Monday said it raised its capital based by €1bn through share sales, reports Reuters. Depositors, many of them Russian, were forced last year to convert their savings above a €100,000 threshold into shares as part of a larger controversial rescue deal.

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  10. Counter BalanceReport: Institutionalised Corruption in Romania's Third Largest Company
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