Marfin Bank is able to support its operations from own resources, said Nicolae Cinteza.
“We have information that the Cypriot banks are considering selling their international subsidiaries, Marfin Romania included. The local unit could be sold shortly, considering they have already found a potential buyer,” he said.
Cyprus announced Monday that it has secured a EUR10 billion international bailout to finance its ailing banking system. The authorities in Nicosia have agreed to shut down Cyprus Popular Bank (Laiki), the country’s second largest lender, and to overhaul its banking system in exchange for the money.
Deposits below EUR100,000 will be shifted to the Bank of Cyprus, while deposits above that level, which are not guaranteed, will be taxed 30%.