The Bank of Cyprus (BoC) on Tuesday confirmed through a regulatory filing that the European Bank for Reconstruction and Development ( EBRD ) has reduced its stake in the lender to zero , formally completing its exit as a shareholder.
According to a TR-1 notification of major holdings submitted to the Central Bank of Ireland, the EBRD’s shareholding, which previously stood at 5.14 per cent, fell to 0.00 per cent
