Compensation payments of about €44.36 million were made to 4,524 affected depositors and holders of securities from the 2013 banking crisis, government spokesman Konstantinos Letymbiotis said on Thursday.
Speaking to reporters at the presidential palace, Letymbiotis confirmed that the transfers have already been arranged through the Central Bank of Cyprus.
He said the payments “reflect the government’s resolve to implement cabinet decisions and support citizens who suffered financial losses.”
The
