ECB takes decisions related to RCB Bank phasing out its banking operations

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PhotoLady
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ECB takes decisions related to RCB Bank phasing out its banking operations

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Press release below via the link:

ECB approves Cyprus’ RCB Bank’s sale of part of its loan portfolio to Hellenic Bank.

ECB restricts RCB’s business: it cannot take new deposits, grant new loans, or make new investments

https://www.bankingsupervision.europa.e ... 47.en.html
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