The Canada based investment fund, which was commenting in a statement on the Cyprus Stock Exchange, is now Hellenic’s fourth largest lender after Third Point Hellenic Recovery Fund LP, Wargaming Plc Ltd and Demetra Investment Plc Ltd, which have a 26.98%, 26.46% and 10.1% respectively.
The Church of Cyprus, which was owner of 7.99% of the lender’s capital, is owner of 3.58% after it declined to participate in the latest rights issue citing lack of funds and losses from investing in banks.
Source: Cyprus Mail
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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
