Bank of Cyprus ordered to pay €3.9m to investors who lost everything in 2013
The Bank of Cyprus has been ordered to pay back over €3.9m in compensation by Greek courts. The decision comes after it was announced by the bond holders association the bank was found guilty of losing 44 investors securities in the 2013 banking crisis. The lender now has 3 new convictions, and must repay different holders of securities and bonds as compensation for the damage suffered from 2013 until now, plus interest from the date of filing the claim until they receive full payment.
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