Was closure of RCB as a bank avoidable?
The ‘controlled resolution’ of RCB in the wake of the Ukraine crisis is a minor bump in the road compared to the 2013 crisis, but one expert says it could have ...
RCB to close its banking operations in shift towards asset management
RCB Bank on Thursday announced that it will cease operating as a bank and would become an asset management company.
The bank cited the “ongoing and extremely volatile geopolitical situation” ...
Uncertainty forced sale of RCB loan portfolio
The €556 million loan portfolio sale by RCB Bank to Hellenic Bank on Tuesday served to fulfil a dual purpose – bolstering the latter bank’s portfolio with high-quality assets, while at ...
RCB sells big loan portfolio to Hellenic Bank
RCB Bank on Tuesday announced that it has agreed to the sale of a performing loan portfolio to Hellenic Bank, including any related funds on the accounts belonging to the ...
Change in the shareholding structure of RCB Bank Ltd
RCB Bank announces a change in its shareholding structure. On February 24 2022, a 46.29 per cent stake in the share capital of RCB Bank held by VTB Bank (PJSC) was acquired by ...
RCB Bank becomes Cypriot-owned after Russian stakeholder transfers shares
Russian state-owned VTB Bank (PJSC) has transferred all its shares in RCB Bank to Cypriot shareholders, making RCB a 100 per cent Cypriot-owned bank.
VTB transferred to the Cypriot shareholders the 46.29 ...