Laiki Bank
Appearance
File:Laiki bank.jpg | |
Company type | Bank |
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Industry | Finance |
Founded | 1901 |
Headquarters | Nicosia , Cyprus |
Area served | Cyprus, Greece, UK, Serbia, Australia |
Key people | Neoklis Lysandrou (Chairman of the Board of Directors) |
Products | Financial Services |
CYP £257,509,000[1] | |
Website | http://www.Laiki.com/ |
Laiki Bank (Cyprus Popular Bank) is the second largest bank on the island behind the Bank of Cyprus. It was founded in 1901 in Limassol.
Currently it holds a 14.98% share of the market in loans and a 19.2% share of deposits. Its shares are listed on the Cyprus Stock Exchange.
In 2006 it was taken over by the Greek company Marfin Financial Group and the bank was re-branded as Marfin Popular Bank[2].
References
- ^ 2005 Financial results [1]
- ^ A new era in Cyprus corporate history-(Cyprus Mail archive article - Thursday, September 21, 2006) [2]