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BoC shaves 50 bps off its benchmark interest rates

Bank of Cyprus announced on Friday it is shaving 50 basis points (0.5 percent) off its benchmark interest rates, in order to support its borrowing clients, as well as those of the former Popular Bank (Laiki).

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Bank of Cyprus announced on Friday it is shaving 50 basis points (0.5 percent) off its benchmark interest rates, in order to support its borrowing clients, as well as those of the former Popular Bank (Laiki).

Bank of Cyprus announced on Friday it is shaving 50 basis points (0.5 percent) off its benchmark interest rates, in order to support its borrowing clients, as well as those of the former Popular Bank (Laiki).

Source: ekathimerini.com

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