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How do you think Cypriot Banks will fair in current crisis?

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Postby Big Al » Thu Oct 16, 2008 3:22 am

Cypriot, Turkish and i guess Greek banks should be able to see out this turmoil better than most based purely on the fact that they only lend out money which they take in deposits, they dont rely so heavily on sourcing funds from the US to inturn lend out. They are mostly self sufficient, which is a good thing coz the US and Europe are in for the fucking of their lives, leaving asia as the next economic powerhouse.
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Postby umit07 » Thu Oct 16, 2008 6:12 am

cyprusgrump wrote:Image


For those who don't know the "Turkish Bank' is a TC bank which was established in 1901.
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