Cyprus mail fbme bank

A very specific and interesting topic!

FBME Bank, also known as First Business Bank of Middle East and Europe, was a bank based in Cyprus that was shut down by the Central Bank of Cyprus in 2015. Here's a brief summary of the situation:

• FBME Bank was a Cypriot bank that was founded in 1982 and had its headquarters in Nicosia, Cyprus.
• The bank was known for its connections to the Middle East and Europe, and it had a significant number of customers from these regions.
• In 2015, the Central Bank of Cyprus shut down FBME Bank due to concerns over its financial stability and compliance with anti-money laundering regulations.
• The bank's assets were frozen, and its customers were unable to access their accounts.
• The shutdown was part of a broader effort by the Cypriot government to address concerns over the country's banking sector and to comply with international regulations.

The Cyprus Mail, a popular English-language newspaper in Cyprus, has reported extensively on the FBME Bank shutdown and its aftermath. Here are a few articles from the Cyprus Mail that you may find interesting:

• "FBME Bank's assets frozen, customers in limbo" (July 2015)
• "FBME Bank's shutdown sparks outrage among customers" (July 2015)
• "FBME Bank's fate to be decided by court" (August 2015)
• "FBME Bank's customers to receive compensation" (June 2016)

It's worth noting that the FBME Bank shutdown was a significant event in Cyprus, and it had a major impact on the country's banking sector and economy. The situation is still being monitored by regulators and the media, and there may be further updates and developments in the future.