Shareholders in FBME push for liquidation scheme

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The fate of Shareholders’ money in FBME still hang in the balance as the verdict of whether the appointment of a Liquidator will be permitted. So far, the Central Bank of Cyprus has satisfied claims of up to 700 FBME customers with the overall amount ranging over €60m, a spokesperson said. The total number of applications received has been roughly 1,200, less than one fifth of the bank’s total clients.