
Two major investment funds, CarVal Investors and Caius Capital LLP , have significantly reduced their holdings in the Bank of Cyprus in recent months, marking a controlled divestment process.
Caius Capital LLP first became a major shareholder in the Bank of Cyprus in the summer of 2019, increasing its stake to 9.58 per cent by the end of 2020.
Since 2021, however, the firm has gradually reduced its shareholding .