Cyprus’ Ministry of Finance has reopened electronic applications for the National Solidarity Fund’s partial compensation scheme for individuals whose deposits or securities were written down under resolution measures at Bank of Cyprus and Laiki Bank in 2013. Applications are open until Jan. 28, 2027, and are restricted to affected retail clients who did not submit an electronic application during the previous window, from Dec. 20, 2023, to May 25, 2024, and did not receive an NSF reference number.
Applicants must apply through their own CY Login profile. Deposit losses were calculated per customer rather than per bank account, while securities losses were calculated per investor account. Bank of Cyprus applicants must provide a bank account or investor account number without entering a loss amount. Laiki Bank applicants must complete only the loss amount field. Submitted information will be verified against records from both banks to determine eligibility for the scheme.