Rus­sian banks ‘safe’, Lo­gos on the Web

Financial Mirror (Cyprus) - - FRONT PAGE -

The Rus­sian bank­ing cri­sis was get­ting worse with the Cen­tral Bank say­ing Cyprus OBUs were safe, while Church-owned Lo­gos TV was about to ven­ture into the world wide web as a provider, ac­cord­ing to the Cyprus Fi­nan­cial Mir­ror is­sue 125, on Au­gust 30, 1995.

Rus­sia cri­sis:

The Rus­sian bank­ing cri­sis which started a week ago is set to worsen as more smaller banks are forced to shut down, but the Cyprus-based Rus­sian off­shore bank­ing units are safe, said An­dreas Philip­pou, Chief Se­nior Man­ager at the Cen­tral Bank

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