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Lifting of capital restrictions in the Cypriot banking system.

15.04.2015

RCB welcomes lifting of capital controls in the Cypriot banking system. RCB CEO Kirill Zimarin has welcomed the lifting of capital controls in the Cypriot banking system.

In a written statement Zimarin says “this development constitutes the end of a difficult era for the banking sector and the economy of the island at large.”

The lifting of these restrictions, he adds, “will most certainly contribute to a faster recovery of the Cypriot economy and its return to growth.

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