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Designation of credit institutions as Other Systemically Important Institutions

Monday, 29 November 2021

The Central Bank of Cyprus designated Bank of Cyprus Public Company Ltd, Hellenic Bank Public Company Ltd, Eurobank Cyprus Ltd, RCB Bank Ltd, Astrobank Ltd and Αlpha Bank Cyprus Ltd as Other Systemically Important Institutions (O-SII institutions) and set the level of the additional capital they must maintain as a result of their systemic importance. This measure will enter into force on 1 January 2022.

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