ECB takes decisions related to RCB Bank phasing out its banking operations
Posted: Thu Mar 24, 2022 10:05 am
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
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