The Central Bank of Cyprus (CBC) concluded its annual reassessment of the designation of credit institutions that meet the definition of O-SII institutions for 2023. In particular, the CBC designated Bank of Cyprus Public Company Ltd, Hellenic Bank Public Company Ltd, Eurobank Cyprus Ltd, Astrobank Ltd and Αlpha Bank Cyprus Ltd as Other Systemically Important Institutions (O-SII institutions) and set the level of the capital buffer that they must maintain as a result of their systemic importance.
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