Cyprus’ Ministry of Finance has reopened electronic applications for individuals seeking partial replenishment through the National Solidarity Fund (NSF) for deposits and securities impaired by the 2013 resolution measures at Bank of Cyprus and Popular Bank. Eligibility is limited to individuals who qualified as retail clients, did not apply during the December 20, 2023, to May 25, 2024, application period and have not received an NSF reference number. Applications must be submitted by January 28, 2027.
Each affected individual must apply through their own CY Login profile. Deposit impairments were assessed per customer rather than per account, while securities write-downs were applied per investor share. For Bank of Cyprus losses, applicants must provide a bank account number or investor share code without entering the impaired amount. For Popular Bank losses, they must provide the impaired amounts. Submitted information will be verified against records from both banks to determine participation in the partial replenishment scheme.