The Bank of Cyprus recently announced that it will discuss funding and capital options to help expedite restructuring and strengthen the Bank.
The Bank of Cyprus Public Company Ltd (the ‘Bank’ or the ‘Group’) announced that during the next meeting of its Board of Directors, planned for 26 June 2014, there will be a discussion about funding and capital options that could expedite the implementation of the Group’s Restructuring Plan and, in tandem, could further strengthen the Group, according to an official press release.
Source: CNA
