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Bank of Cyprus seeks London listing to enhance profile

Bank of Cyprus, the bailed-out eurozone country’s largest lender, announced plans Thursday to list its shares on the London Stock Exchange and to delist from the Athens market. The move reflects the bank’s ambitions of raising its “visibility and share liquidity” on a major European exchange, BoC said in a statement. The announcement came on the same day that Cyprus concluded its multi-billion euro bailout programme with the European Union’s rescue fund.

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