CYPRUS POPULAR BANK PUBLIC CO LTD
Merger of "The Cyprus Popular Bank (Finance) Ltd" with "Marfin Popular Bank Public Co Ltd"
Marfin Popular Bank Public Co Ltd (the "Bank") announces that within the framework of restructuring the Group's Lending Divisions, the Restructuring and Merger process of its 100% subsidiary in Cyprus with the name "The Cyprus Popular Bank (Finance) Ltd" (the «Company") specialising in hire purchase and leasing, has been completed. The Company has been merged with the Bank and its operations, assets and liabilities, rights and obligations have been undertaken by the Bank, which will offer from now on the respective services. It should be noted that the Restructuring and Merger has been approved by the Bank and the Company, the General Meeting of the Company's Creditors and the Court of Law, based on the relevant Cyprus legislation.