The Central Bank of Cyprus has designated Bank of Cyprus Public Company Ltd, RCB Bank Ltd, Hellenic Bank Public Company Ltd, Eurobank Cyprus Ltd and Αlpha Bank Cyprus Ltd as Other Systemically Important Institutions (O-SII institutions) and set the level of the additional capital that they must maintain as a result of their systemic importance. This will take effect on 1 January 2019. Further details are in the link below.
Click here.