Subsidiary | CB Uniastrum Bank LLC |
Parent | Bank of Cyprus Public Company Ltd |
End Date | 2015-09-25 |
Is Current | no |
Notes | On 25 September 2015, Artem Avetisyan, majority shareholder of the bank Regional Credit, successfully completed a deal with Bank of Cyprus and other minority shareholders for the purchase of 80 per cent of Bank of Cyprus’ Russian banking subsidiary CB Uniastrum Bank LLC and 80 per cent in Bank of Cyprus’ Russian leasing subsidiary Leasing Company Uniastrum Leasing LLC, as well as other Russian loan exposures. |