Friday 19 December 2014
 
»
 
»
Story

Cyprus bank bailout

, March 27, 2013

A woman makes a transaction at an ATM machine outside the headquarters of the Bank of Cyprus in Athens on March 27. Greece's Piraeus Bank said on Tuesday it agreed to buy the branches of all three Cypriot banks in Greece for 524 million euros. The deal concerns the Greek units of Bank of Cyprus , Cyprus Popular and Hellenic Bank, which have a combined market share of about a tenth of Greece's banking market. The purchased units reopened on Wednesday. Reuters/John Kolesidis




Tags: |

More Picture of the Day Stories

calendarCalendar of Events

Ads