Greek bank sub­sidiaries op­er­at­ing prop­erly

Financial Mirror (Cyprus) - - FRONT PAGE -

Sub­sidiaries of Greek banks in Cyprus opened for busi­nesses as usual on Mon­day and with­out any lim­i­ta­tions, de­spite the bank hol­i­day in Greece and the cap­i­tal con­trols that were put in place. cen­tral Bank of Cyprus Spokes­woman Aliki Stylianou said that “the sub­sidiaries of Greek banks op­er­at­ing in Cyprus are Cypriot banks, have suf­fi­cient cap­i­tal, high liq­uid­ity and are there­fore op­er­at­ing prop­erly and are not af­fected by de­vel­op­ments in Greece”.

She added that Greek lim­i­ta­tions.

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