Photo: Leonhard Foeger / Reuters
The Central Bank of Cyprus recorded the highest volume withdrawn from the country funds, according to Financial Mirror with reference to data of the Central Bank of the country.
Due to the fact that Russian customers have closed Bank accounts, the amount withdrawn of deposits in Cyprus in February reached 93 million euros. In two months the country brought 140 million euros. Compared to the previous year, the total reduction of deposits amounted to 1.34 billion euros.
At the end of 2013, the Russians moved to Cyprus deposits a significant amount of money for fear of sanctions. The total volume amounted to 11.76 billion euros, by February 2019, this amount fell to 4.95 billion euros.
The flight of the Russian depositors in Cyprus associated with the European Union deployed in the fight against money laundering and pressure from EU authorities and international monetary institutions. Another reason is launched in Russia, the campaign for the return of funds withdrawn.
Earlier, the head of Rosfinmonitoring Yuri Chikhanchin told President Vladimir Putin that the amount of withdrawal from Russia was reduced. According to the President, compared with the year 2016, this indicator decreased twice.
Video, photo All from Russia.