The largest bank of Cyprus left the market of the Russian Federation
Photo: Financial Mirror The largest bank of Cyprus, Bank of Cyprus, closed representative offices in Moscow and St. Petersburg, finally leaving the Russian market, reports The Moscow Times. Since the closure of representative offices, the bank stops accreditation of its branches in the country. Since the beginning of 2024, this is the third representative office of a foreign bank, which has closed in Russia. Their total number in the country has decreased to 23, the report said.