Bank of Cyprus Bail In

Tag: Cyprus Banking Bailout

Bank of Cyprus Bail In
News
Sara Corby

Are Banks Safe?

A “bail-in” is another form where banks and financial institutions are rescued and where the responsibility is transferred from taxpayers (in the case of a bail-out which is what happened in the 2009 Global Financial Crisis) to depositors, which is you in this case, the depositor.

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