Last hope for Laiki Bank depositors who lost all their money

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Last hope for Laiki Bank depositors who lost...
 © In-Cyprus 2019
The law suit by Laiki Bank against Marfin Investment Group (MIG), late Andreas Vgenopoulos, Efthymios Bouloutas and Kyriacos Magiras is the last hope for the now defunct lender’s depositors whose money was lost overnight in 2013 to get a decent compensation.

In March 2013, following tortuous negotiations between the Cyprus government and the Eurogroup, all deposits in Laiki over €100,000 underwent a haircut. Together with 47.5 per cent of deposits over €100,000 in the Bank of Cyprus, as part of the county’s bailout agreement with the EU and IMF.

Laiki Bank, once Cyprus’...


This article was automatically added to our system 6-9-2019

Last hope for Laiki Bank depositors who lost all their money


The contents of this article including any associated images are © In-Cyprus 2019
Views & opinions expressed in this article are those of the author and/or In-Cyprus .

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Article Tags: laiki, depositors, their, money,