12.08.2022

  • The deadline for interested parties to submit binding bids for the acquisition of the co-operative bank or part of it, has been extended to mid-May, it was reported on Wednesday.

  • Citing unnamed source, CNA said the delay had been approved by the European Central Bank and the Single Supervisory Mechanism (SSM), which supervises Cyprus’ four systemic banks.

  • Under the initial timeframe, binding offers should have been submitted by next Monday, the Cyprus News Agency said.

  • “The process is going well, the interest is considerable and serious and therefore there should be sufficient time for a decision,” the same source told CNA.

25/04/18 20:07

ΛΕΞΕΙΣ ΚΛΕΙΔΙΑ

Deadline for investor interest in co-op extended

The deadline for interested parties to submit binding bids for the acquisition of the co-operative bank or part of it, has been extended to mid-May, it was reported on Wednesday. Under the initial timeframe, binding offers should have been submitted by next Monday, the...

Cyprus Mail ·

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