CBC says measures in place to limit impact of Ukrainian crisis on Cyprus’ banking sector

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The Central Bank of Cyprus (CBC) assures, in a written statement, that the necessary precautionary measures have been taken to minimize any impact of the war in Ukraine on the Cypriot financial system. At the same time, CBC notes that due to the rapid developments, the analysis of the potential impact and the possible risks is continuous. CBC was replying to a question of Cyprus News Agency about the extent of exposure of the Cypriot financial system to Russia and Ukraine …

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