#Laiki

Compensation payments of about €44.36 million were made to 4,524 affected depositors and holders of securities from the 2013 banking crisis, government spokesman Konstantinos Letymbiotis said on Thursday. Speaking to reporters at the ...

As promised, the government on Thursday launched an online platform where people losing their savings in the 2013 bank bail-in can apply for partial compensation. It concerns losses to uninsured savings – ...

Depositors and bondholders who saw their savings wiped out in the 2013 bank bail-in conveyed on Tuesday their strong dissatisfaction with the terms of a compensation scheme, asking to meet the ...

The attorney-general on Tuesday filed an appeal over a Limassol District Court decision that last month awarded compensation to an individual in a 2013 Laiki Bank haircut case. “In particular, the ...

The Central Bank of Cyprus (CBC) on Tuesday confirmed it would file an appeal against the decision of Limassol district court that ruled in favour of a depositor who saw ...

The Supreme Court rejected appeals from former Laiki strongman Andreas Vgenopoulos and Efthymios Boulotas over fines imposed by the Cyprus Securities and Exchange Commission (Cysec), it emerged on Tuesday. Cysec ...

By unanimous vote, the House on Thursday passed legislation aiming to fast-track the return of at least part of the moneys that legacy Laiki’s depositors lost when the bank ...

Lawmakers said on Monday they hoped for swift passage of a bill that would fast-track the return of at least part of the moneys legacy Laiki’s depositors lost in ...

The president of the Nicosia district court has rejected a lawsuit against the government, the Central Bank and the Bank of Cyprus, which, among other things, sought the declaration of ...

Lawmakers on Monday sought more details from the government before agreeing to release €25 million to be used for the Solidarity Fund. Enacted in March 2019, the Solidarity Fund aimed to provide ...