Astrobank is very close to take over USB Bank, in a move that would contribute to the consolidation of the Cyprus’ fragmented banking system, sources told the Cyprus News Agency (CNA). The take-over will be completed whilst it receives the green light by the Central Bank of Cyprus.
Speaking to CNA George Appios, Astrobank’s executive director, refrained from confirming or denying the information, stressing that among the bank’s top priorities is to grow its balance sheet, including through acquisitions.
Read more here.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
Source: CNA
