Barclays Intends to Close Its Offices in Cyprus

Barclays PLC (“Barclays”) has announced it intends to close its offices in Cyprus, in the context of a strategic restructuring and simplification of the Group, as the Cyprus News agency reports.
“Barclays PLC today announces that it intends to close its premises in Cyprus. Barclays will continue to serve its customers and clients based in Cyprus with a product offering serviced out of the UK,” writes a press release issued by the bank on April 21.