Cyprus Popular Bank Public Co Ltd

Business Focus
universal banking

Established in 1901 as 'Popular Savings Bank of Limassol', Cyprus Popular Bank was the second largest bank in Cyprus; Cyprus Popular Bank was branded on its domestic bank as 'Laiki Bank'. In 2012 the bank collapsed and was rescued the government of Cyprus. In March 2013 the 'good' assets of Cyprus Popular Bank was merged into Bank of Cyprus.

Credit Ratings

Fitch: D
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Cyprus Popular Bank Public Co Ltd is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is D (default).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Deposit Guarantee Fund for Banks
Covered Depositors
natural persons (domestic and foreign)
legal entites (domestic and foreign)
Covered Accounts
all accounts

Cyprus Popular Bank Public Co Ltd participates in the deposit guarantee scheme of Cyprus. This deposit guarantee scheme applies to all accounts made by natural persons (domestic and foreign), legal entites (domestic and foreign) and covers up to up to 100,000 EUR per bank per depositor. Cyprus Popular Bank Public Co Ltd is a member of Deposit Guarantee Fund for Banks and makes its contributions into it.

Contacts

154, Lemesou Avenue, 2025, Nicosia, Cyprus

Cyprus Popular Bank Public Co Ltd was headquartered in Nicosia.

Bank Identifiers

BIC (SWIFT)
LIKICY2N
Company Number
ΗΕ 1
MFI ID
CY110010

Bank History

Start Date
May 1924
Close Date
July 2013

Similar Banks

Eurobank Cyprus Ltd Logo Eurobank Cyprus Ltd
universal banking

Banking Products in Cyprus

See Also

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