Yiannis Stavrinides, head of the Cooperative Central Bank’s (CCB) Strategy and Communications Service however noted that addressing the high NPL rate in the Cooperative Sector remains a “big priority.”
Faced with the collapse of its large banking sector, the Cypriot government concluded in March 2013 a €10 billion bailout by the EU and the IMF.
Source: Famagusta Gazette
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Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
Read Georg Bühler's Insight
