EU safe haven closing doors to Russian money – media ...News

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Bank of Cyprus told its clients from Russia that their accounts will be closed, Forbes has reported Bank of Cyprus has sent notifications to its Russian customers informing them that their accounts are set to be closed, Forbes reported on Tuesday, citing Main Partner Trust, a company that provides legal and financial services in Cyprus. The information was reportedly confirmed by an unnamed source in the country’s banking sector. Russian clients of Bank of Cyprus, the nation’s biggest banking institution, began receiving the notifications several days ago, according to Aljona Sakharova, a non-executive director of

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