
State-owned asset management company Kedipes paid €60 million to the state on June 26, as part of the ongoing repayment of state aid previously provided to the now-defunct Cooperative Cyprus Bank.
According to a statement by Kedipes released on Friday, the payment concerns the second quarter of 2025 and forms part of the gradual repayment of the total financial support that was extended.
The organisation said that total repayments made