All banks operating in Cyprus, including the subsidiaries of Greek banks, are robust and secure, Central Bank of Cyprus has announced, commenting on the possible impact of the financial crisis the world is facing and worries over the strength of Cypriot financial institutions.
In response to media questions, CBC issued today an announcement in which it reaffirms that all banks and Greek banks subsidiaries operating in Cyprus “are robust and secure.”
“Cypriot banks do not face any problems and their liquidity remains very satisfactory,” Central Bank notes.
Source: Financial Mirror
