Cyprus Popular Bank Imposes ATM Withdrawal Limit

Published March 21, 2013

| Reuters

Stricken Cyprus Popular Bank imposed a 260 euro per day limit on ATM withdrawals on Thursday to cope with high demand, the island's second largest lender said in a statement.

Customers queued to withdraw funds on Thursday on widespread rumours that the bank was to be closed down, later denied by the central bank.

(Reporting by Michele Kambas; Writing by Matt Robinson)