Nicosia: Many expensive properties that the banks have accumulated in their portfolios remain unclaimed, mainly the Bank of Cyprus, which has the most. Among others, on the shelf of the Foundation for a long time, the building at the entrance of Nicosia, the former supermarket Orphanides worth € 34 million and a commercial property in Strovolos worth € 18,3 million.
Also in the Cooperative "sit" buildings worth € 4,82 million and € 4,26 million respectively in the Hellenic Bank. As a rule, buildings are offices and shops. Concern in the Banks as there is no buying interest.
Source: philenews.com