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SEC: Laiki did not close

21/03/2013 14:52
The various publications that appear today, particularly in the electronic media, refering to the Commission's decision to "close" the Laiki Bank Ltd (Cyprus Popular Bank Public Co Ltd), do not correspond to reality.

This is what the Cyprus Securities and Exchange Commission announced today.

It is underlined that the Commission has not taken any such decision and, in fact, it is not the competent Authority for taking such a decision.