Laiki Bank (Greece) - Bank Profile

Laiki Bank

Address

24, Kifissias Avenue, 151 25, Athens, Greece

BIC

EGNAGR2T

Overview

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 Bankwas branded on its domestic bank as 'Laiki Bank'. In 2012 the bank collapsedand was rescued the government of Cyprus. In March 2013 the 'good' assets ofCyprus Popular Bank was merged into Bank of Cyprus.

Laiki Bank operated as a branch of Cyprus Popular Bank Public Co Ltd (Cyprus).

Deposit Protection

Deposits up to 100,000 EUR are covered by Cyprian deposit guarantee scheme in Laiki Bank.

Ways to Bank

Laiki Bank delivered its products and services through both direct and indirect channels, namely:

branch

online banking

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

Deposit Guarantee Fund for Banks

Covered Accounts

all accounts

Eligible Depositors

natural persons (domestic and foreign)
legal entites (domestic and foreign)

Laiki Bank protects deposits up to up to 100,000 EUR per depositor through Cyprus's deposit guarantee scheme. The scheme applies to all accounts made by natural persons (domestic and foreign), legal entites (domestic and foreign). The bank participates in the Deposit Guarantee Fund for Banks, making regular contributions into it.