Go to Publicity
«Back to news


06.02.2014 - 12: 32

Russians make Bank of Cyprus to return money to investors

The site Bank of Cyprus published information about customers opening access to frozen during the financial crisis, Cyprus 6-month deposits in the amount of 900 million euros.

We remind you that the freezing of savings depositors was initiated by the troika of international lenders - the European Commission, the ECB and the IMF, who have invested in the economy of the Republic of Cyprus about 10 billion. Euros. As part of the conditions set by the "troika", the bank has restricted access to their depositors funds: in the bank's shares converted 47,5% investments, 15% were available in the accounts, 37,5% money frozen. Board Bank of Cyprus explains decision to unfreeze part of deposits improved financial performance of the bank.

The Board of Directors expects that this will increase the bank's customer loyalty and improve the economic situation in the country. Representatives of the Eurogroup, which opposed the defrost deposit accounts, not yet commented on the decision of the board members Bank of Cyprus. As reported by Prime thawing deposits is an initiative of the former General Director of MMC "Norilsk Nickel" Vladimir Strzhalkovsky, who currently holds the position of Deputy Chairman of the Board of Directors of Bank of Cyprus. After the election last September Strzhalkovskiy named one of its goals to work on its return the confidence of depositors in the bank, including Russian. After the conversion of customer funds in the shares of the bank, its main owners were the representatives of Russia. It is noteworthy that according to the agency Prime, one of the former subordinates in Strzhalkovsky "Norilsk Nickel" Oleg Pivovarchuk in Bank of Cyprus are 5 million euros. Besides Strzhalkovsky, the ranks of the bank includes other influential persons, representing the Russian Federation. Partner of the international law firm Campio Group Denis Osipenko draws attention to the political and economic aspect of the defrosting process deposits Bank of Cyprus. "The solution of the Cyprus crisis through restructuring uninsured deposits Laiki Bank in the post-interpreted as camouflaged pressure Europe. At the same time, in Europe, many believed that the culprit - offshore companies and opening bank accounts in European banks representatives of the Russian establishment for laundering of proceeds. It seems that the Russians are trying to recover at least some of their money, using the fact that Europe is now focused on the struggle for control of Ukraine ", - said the lawyer.

A source:

Tags: Economics, Russia, Deposits, Banking, Cyprus