Cyprus Banks Gamble Away Russian Billions By Pratap Chatterjee
2 April, 2013 — CorpWatch Blog

Bank sign in Limassol, Cyprus. Photo: Leonid Mamchenkov. Used under Creative Commons license.
A few years ago Yiannis Kypri and Andreas Vgenopoulos, senior executives at the two biggest banks in Cyprus, were on top of the financial world. Kypri courted wealthy Russian investors in Moscow while Vgenopoulos handed out millions in loans to companies in Greece, the country of his birth.




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