Global Trade Alert
Global Trade Alert

Cyprus: Recapitalisation of Cyprus Popular Bank

Announcement

13 Sep 2012

In September 2012, the government of Cyprus announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 Sep 2012

Revocation date:

No revocation date

Updated: 13 Sep 2012
Equity stake In force
On 15 May 2012, Cyprus notified the EC about their intention to recapitalize the Cyprus Popular Bank (CPB). Only days later, Cyprus notified a EUR 1.8 billion recapitalisation for CPB. CPB is the se...
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