Bank of Cyprus
LeaveRussia detail: Exit Completed
The largest banking and financial Group in Cyprus, with significant market shares in all business sectors.
Business in Russia
Since 2022, the largest bank in Cyprus has closed about 20 thousand accounts of Russians.
Decision trail
Decision date 23/01/2024 · Reference ↗
Maintain loan book; observe banking sanctions. Bank of Cyprus notified 4,000 clients who have Russian passports and are not residents of EU countries that their accounts will be closed in accordance with the policy of accepting clients and the corresponding risk appetite. 22.01.2024: The legal entities (Moscow and Saint Petersburg Representative Offices) were liquidated.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — exited · Imported from KSE LeaveRussia
Exposure profile
Full exposure profile is a Professional feature
Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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