NPLs were not the cause of the Co-op’s failure, former boss says
A former director of the Central Cooperative Bank, the predecessor of the failed state-owned Cyprus Cooperative Bank, said the Co-op’s situation with delinquent loans was no worse than other banks, the Cyprus News Agency (CNA) reported on Tuesday. Erotokritos Chlorakiotis, the former superintendent of an agency tasked with the development of the cooperative sector who […]
Читать дальше...