Business World

Thursday 28 August 2014

Cyprus Central Bank denies second largest lender to be shut down

Published 21/03/2013 | 16:22

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THE Cypriot central bank denied reports and frantic rumours on Thursday that stricken Cyprus Popular Bank, the island's second-largest lender, is to be closed down.

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"We deny these reports. Efforts are under way right now to find the best possible solution for this bank," Central Bank spokeswoman Aliki Stylianou told state television.

Reuters

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