Cyprus Popular in capital-strengthening talks with gov't

Cyprus Popular Bank Pcl, the island’s second-largest lender, said it is in discussions with the country’s Finance Ministry and central bank on the lender’s capital strengthening plans, the Nicosia-based bank said in a filing to the Athens bourse on Monday.

The use of participation incentives in any capital strengthening plan for existing shareholders and new investors is being discussed, according to the filing.


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