The Central Bank of Cyprus has decided to suspend for another 24 hours the activity of its branch in Romania to finalize the branch’s deposits transfer from our country.
The activity of the Bank of Cyprus Romania was stopped initially for a week, starting with April 1st, to find a solution to sell the branch.
The Central Bank of Cyprus decided to extend the break period by two weeks, until April 22, included, for them to be able to conclude a takeover agreement with one of the bidders.
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