ECB sanctions Bank of Cyprus on liquidity transfer to subsidiaries By Reuters

© Reuters. FILE PHOTO: The European Central Bank (ECB) headquarters building is seen at sunset in Frankfurt, Germany January 5, 2022. REUTERS/Kai Pfaffenbach

ATHENS (Reuters) – The European Central Bank said on Monday it had sanctioned the Bank of Cyprus for transferring cash to subsidiaries without permission, with a fine of 575,000 euros.

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