Public Offering of Shares for the New Cooperative Bank
July 10, 2026
From July 22 to November 17, 2026, a public offering of shares for the new Cooperative Bank in Cyprus will begin. The offering involves up to 42 million new shares, with a minimum participation of 100 shares. The goal is to reintroduce the cooperative banking model, emphasizing transparency and democracy. The Cyprus Cooperative Society will hold 60% of the shares, and applications for necessary licenses are already underway. The new organization aims for sustainable credit policies.