March 21, 2013 / 4:05 PM / in 5 years

Cyprus cbank denies second largest lender to be shut down

NICOSIA, March 21 (Reuters) - The Cypriot central bank denied reports and frantic rumours on Thursday that stricken Cyprus Popular Bank, the island’s second-largest lender, is to be closed down.

“We deny these reports. Efforts are under way right now to find the best possible solution for this bank,” Central Bank spokeswoman Aliki Stylianou told state television.

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