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Administrator appointed to run Bank of Cyprus
March 26, 2013 / 1:05 PM / 4 years ago

Administrator appointed to run Bank of Cyprus

NICOSIA, March 26 (Reuters) - A special administrator said on Tuesday he had been appointed to take over the running of Bank of Cyprus, the island’s biggest commercial bank.

Dinos Christofrides told Reuters he had been appointed on Monday night by the Central Bank of Cyprus, saying he would oversee “the restructuring of the bank and the absorption of part of Cyprus Popular Bank ”.

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