RCB welcomes lifting of capital controls in the Cypriot banking system. RCB CEO Kirill Zimarin has welcomed the lifting of capital controls in the Cypriot banking system.
In a written statement Zimarin says “this development constitutes the end of a difficult era for the banking sector and the economy of the island at large.”
The lifting of these restrictions, he adds, “will most certainly contribute to a faster recovery of the Cypriot economy and its return to growth.