ECB revokes RCB license

The European Central Bank (ECB) said it had withdrawn Cypriot lender RCB’s banking license months after the central bank restricted parts of its business. In March, RCB Bank struck a deal with

Toxic fallout from RCB closure

Some 400 RCB employees and 11,000 customers are in limbo as the bank’s winding down process is not going as smoothly as the Central Bank had predicted. RCB Bank had embarked on

Ex-Hellenic chair joins RCB Cyprus board

Irena Georgiadou, the former chairperson of Hellenic Bank, has joined the board of RCB Bank, following changes at the Limassol-based bank, including the announcement last week of its shareholding restructure. Georgiadou, 46,