Greek shipowners pulled more than a billion USD out of Cyprus

It seems Greek shipowners possess far greater foresight than most people with money in Cypriot banks. According to major Norwegian bank DNB, money transfers out of Cyprus have doubled.

Photo: /ritzau/Thomas Borberg

It seems Greek shipowners possess far greater foresight than many local bank customers and well-off Russians with large sums of money in banks on Cyprus.

Head of shipping at the major Norwegian bank DNB, Harald Serck-Hanssen, tells newspaper Finansavisen on Tuesday, and according to Tradewinds, that seven billion NOK, or USD 1.2 billion, have been transferred to the bank from Greek shipowners who have moved their money of out banks on Cyprus.

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