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Cyprus RCB Bank

Branch of the RCB, Russian Commercial Bank, in the Mediterranean port of Limassol. Cyprus, Saturday, March 26, 2022. RCB Bank in Cyprus says an “extremely volatile geopolitical situation” has prompted it to wind down operations and turn itself into an asset management company. Thursday’s announcement comes exactly a month after the start of Russia’s invasion of Ukraine when the bank announced that Cypriot shareholders acquired a 46.29% stake in its share capital held by Russia’s VTB Bank (PJSC). (Photo by Danil Shamkin/NurPhoto)

Photo Details

Photo ID	#7978224
Date Taken	26 March 2022
Location	N/A
Photographer	Danil Shamkin/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Danil Shamkin/NurPhoto

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volatile geopolitical situation asset management company Russian Commercial Bank Mediterranean port Cypriot shareholders share capital VTB Bank RCB Bank Branch Limassol Cyprus Saturday March operations Thursday announcement start invasion Ukraine 46.29% stake PJSC Photo

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Cyprus RCB Bank

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