Liquidation filing for legacy Laiki took seven years

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Liquidation filing for legacy Laiki took seven...
 © CyprusMail 2021
The Central Bank of Cyprus (CBC) has got the ball rolling for the liquidation of legacy Laiki Bank, more than seven years after the lender’s demise, it emerged on Monday.

Central Bank chief Constantinos Herodotou told parliamentarians that the CBC – in its capacity as the Resolution Authority – has made a liquidation filing for Laiki with Nicosia district court.

The filing was made on January 8 this year.

In parliament, Herodotou said legacy Laiki’s liquid assets amounted to €232 million as at the end of September 2020. This included the €140 million raised by selling...


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Liquidation filing for legacy Laiki took seven years


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Article Tags: liquidation, filing, legacy, laiki, seven, years,