Cyprus Popular Bank's board submits resignation

Published March 28, 2013

| Reuters

Cyprus Popular Bank said in an Athens bourse filing on Thursday that its 11-member board resigned.

Cyprus's banks will open later on Thursday and operate under capital controls imposed to prevent depositors from emptying the vaults after the island agreed a tough rescue deal with international lenders.

(Reporting by Renee Maltezou, editing by George Georgiopoulos)

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