Bank of Cyprus

Update news Bank of Cyprus

Cyprus unveils roadmap to lift capital controls

 A roadmap was announced Thursday to lift capital controls in force since March but without a clear timeline for when they will be scrapped, as the EU state battles its economic crisis.

Cyprus gov't gives assurances to Bank of Cyprus, demonstration continues

 The Cypriot government gave assurances on Tuesday that the Bank of Cyprus will not be wound down, after several hundred bank employees demonstrated in protest at the appointment of an administrator to run the bank.