Bank of Cyprus chairman resigns in wake of international bailout deal

By Agence France-Presse
Tuesday, March 26, 2013 7:27 EDT
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People queue to withdraw their savings at Cypus Popular Bank (Laiki Bank), the island's second largest lender, in Athens on March 22, 2013.
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The chairman of the Bank of Cyprus has resigned in the wake of an international bailout deal that hits the island’s biggest lender, state media reported on Tuesday.

The Cyprus News Agency said the bank’s chairman Andreas Artemis had tendered his resignation and it would go before the board later in the day.

Agence France-Presse
Agence France-Presse
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